A notable Swiss-born modern artist has been revealed as the new owner of the Mt. Moriah Church at 2050 Fifth Avenue based on an article in today's Observer. After several religious and commercial entities looked at the space, the 48-year-old artist ended up buying the former church on 126th Street for a cash offer of $2.775 million. Mr. Rondinone now intends to restore the 15,550-square-foot of interior space into a community cultural center and apparently neighbors are quite happy at this recent turn of events. Read more in the New York Observer feature: LINK.