Watchtower Headquarters Complex Sold; Office Development Planned

By on August 4, 2016 11:15 pm in Commercial Real Estate, News, Real Estate

The Eagle reports that a joint venture, including Donald Trump’s son-in-law Jared Kushner’s company and two others, has closed on the purchase of the Jehovah’s Witnesses’ headquarters complex, for a reported sum of $340 million. The buyers intend to “turn it into an office campus.”

Share this Story:

, , , ,

  • Concerned

    This is great news for anyone worried about PS 8 overcrowding. Also, office space there will create more restaurants and services in the DUMBO area.

  • Andrew Porter

    I have noticed a very large reduction in the number of overly-well dressed families and people walking around the north Heights of late, and I seldom see the workers coming back to Columbia Heights from a day hard at work in upstate NY, building the new HQ.

    The Eagle reports, here, they will start moving out of the Heights in September:

    http://tinyurl.com/jrvfrry

  • CHatter

    “Oh please please please let it be my company moving there.”
    — Every reader of this blog

  • CHASESGILBERT

    Gosh, well-dressed is a relative term.