 Through the will of his aunt, he was conveyed certain real estate properties which he managed under Cortlandt Bishop, Inc.In 1925, the company leased, from the estate of Frederick Heimsoth, the plot at the southwest corner of 56th Street and Sixth Avenue, giving him the entire block front from 55th to 56th on Sixth Avenue, upon which he planned to build a 15-story apartment building, which was completed in 1928.In 1922, after the death of his mother, Bishop razed his parents home, Interlaken, in Lenox and built Ananda Hall, which was torn down in 1940.