Who’ll Replace The Watchtower

The Brooklyn Eagle's coverage of the Watchtower's planned sale of several properties is covered in today's New York Times:

NY Times: As a Big Landowner Plans to Sell…: The offerings, which were reported in The Brooklyn Eagle, have Brooklyn Heights residents buzzing about the potential for the new properties hitting the real estate market. Residents are also speculating about the future of the former Bossert and Leverich Towers Hotels, two other meticulously restored buildings the organization owns in the neighborhood.

“When people hear that they’re selling the Standish Hotel, they start drooling about the Bossert,” Robert Perris, district manager of Brooklyn Community Board 2, said of the opulent tower at Montague and Hicks Streets, where the Brooklyn Dodgers celebrated their victory in the 1955 World Series. “The speculation runs rampant.”

According to Richard Devine, a Watchtower spokesman, the organization is not working with an outside real estate agent and has no set asking prices, but it will evaluate offers as they come in, as it did with the sale of 360 Furman and three other buildings on Livingston, Hicks and Clark Streets that the organization recently sold.

As for the other 24 buildings that Watchtower owns in the Heights and nearby Dumbo, the organization, as it often does, is keeping its plans close to the vest.

“Currently we don’t have any plans to sell any more,” Mr. Devine said. “At least not at this time.”

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