Jehovah’s Witnesses’ lock down deal for $700M Brooklyn plot

//Jehovah’s Witnesses’ lock down deal for $700M Brooklyn plot

The Jehovah’s Witnesses appear to have achieved a handshake with their BFFs: Jared Kushner, Aby Rosen and LIVWRK.

The pricing is roughly $700 million for the Witnesses’ 733,000-square-foot world headquarters at 25-30 Columbia Heights and a 1.1-million-square-foot as-of-right development site at 85 Jay St.

The same group purchased 1.2 million square feet in Dumbo Heights for $375 million in 2013 from the Witnesses and are now leasing to such companies as WeWork and Etsy.

Tech outfits have been circling the Brooklyn waterfront properties — and the large “Watchtower” on the sign could someday be swapped for a name like “Facebook.”

Bob Knakal of Cushman & Wakefield has been running the sale for the Witnesses, who are moving to Warwick, NY.

Multiple contracts were handed out for the properties and, so far, all are unsigned.


2016-04-14T07:09:59+00:00 April 14th, 2016|JW News|3 Comments
  • seeing Jehovah’s name being “swapped” really angers me but it will be for the best

    • its so funny they are building and putting all there efforts into this project and the world around them is going down! when the judgment commences Jehovah said start with my house first how can they not see and understand this. the man of lawlessness is hard at work and satan wants to take as many down as he can all we can do is try and give them truth and pray to Jehovah that some might be saved.

  • 我又来了,您高兴吗?!

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