Also for consideration
Many are aware that WTC had all KH's appraised several years ago. There are only 2 reasons to appraise a property: 1) To sell it at market value 2) To leverage it as collateral for debt
It is falsely assumed that WTC has never had debt. That is not true. I personally knew the GB member who used to go to the bank regularly to take loans. They used the headquarter buildings as collateral and it worked, until it didn't. They sold everything in NY city, paid debt and built Warwick. Bad times came and now the money is not there for Ramapo. They must rely on extra money that can be squeezed out of the R&F.
Don't they have billions in offshore accounts? I remember when they absolutely did. Where did it go? They hemorhaged cash as they paid debt, settled CSA cases, succumbed to health care costs for an aging Bethel family and SFS's, watched giving decrease, lost Regional Convention revenue streams and on and on and on. In discovery only 3 years ago, they disclosed the cash they had - it was just enough operating expense for a few years. Things have not improved since then.