Buyers of 50 Orange Street Revealed

By on January 4, 2012 9:45 pm in Real Estate

The New York Observer reports on the buyers of one the Watchtower’s properties on the market, 50 Orange Street:

NYO: Sugar Hill Capital Partners has purchased 50 Orange Street in Brooklyn Heights for $7.1 million from the Jehovah’s Witness-operated Watchtower Bible and Tract Society of New York, brokers have revealed.
Sugar Hill, according to its website, is a real estate investment firm that focuses on Brooklyn and Manhattan assets with repositioning potential. A spokeswoman for the firm, Aliza Weinstein, confirmed the company had purchased the building but declined to comment any further.

Using the power of “Google” we’ve discovered that the founder of the company, Arie Genger, is a regular International Man of Mystery (errr sumthin’..):

For over three decades Arie Genger and Israeli Major General-turned politician Ariel Sharon and later Prime Minister of Israel, have been close friends. Arie Genger served as advisor to Sharon throughout the latter’s political career. After Sharon was elected Israeli Prime Minister in 2001, Arie Genger served as personal private emissary to the White House. Mr. Genger participated with PM Sharon in meetings with President George Bush V.P Dick Cheney, Secretary of State Collin Powel [sic]and Condoleezza Rice, the US Security Council Advisor.

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  • nabeguy

    “Repositioning potential”? Is Sugar Hill going to move the building to Israel? Interesting sale on the part of the Witnesses imho

  • Topham Beauclerk

    Ah, that’s what Brooklyn needs, another Zionist fascist.

  • Nancy

    Right Topham, we would rather have anti-semites like you.

  • Topham Beauclerk

    Yes, Nancy, any opposition to Israel’s brutal occupation is a species of anti-Semitism. I’ve heard it all before. I’m unmoved.

  • Nope

    Topham – opposition to Israel’s policies is not necessarily a species of antisemitism. But assuming that just because someone is jewish and Israeli that he is therefore a fascist definitely is.

  • Topham Beauclerk

    @Nope

    What do the names of Sharon, Bush, Cheney, and Rice in relation to Israeli policy toward the Palestinians suggest to you? He’s not an ordinary Israeli citizen. He was a bigwig in the government and clearly made a pile. And it’s because he was a bigwig in Sharon’s government that I called him a Zionist fascist.

  • Hicks St Guy

    gee, I hate to admit that I almost agree with Topham.

  • Andrew Porter

    As long as it’s apartments, NOT a Brooklyn Law or NYU dorm, I don’t care if the developer is the devil himself.

  • PromGirl

    Good riddance to the JoHos. Bad neighbors who don’t vote, pay taxes, or participate in the commercial or social life of the community.
    The anti-Semitic statements and the injection of politics into this discussion about real estate is inappropriate & unwelcome. There are plenty of anti-Israel and anti Jewish hate sites available to the left wing fringe. Why bring it here?
    Most people in Brooklyn Heights, both Christian and Jew, support the Jewish people & the right of the State of Israel to exist.

  • Andrew Porter

    Several apartments have already been rented. Brownstoner article, with prices of apts, here:

    http://tinyurl.com/83kd3ds

  • http://www.flickr.com/photos/13189502@N02/ Eddyenergizer

    PromGirl, being critical of Israel’s policies does not make one anti-semitic.

  • Topham Beauclerk

    @PromGirl

    “Good riddance to the JoHos.” Perhaps you could divert just a little of that “support” for the Jewish people to the JoHos, as you so disrespectfully call them.

    Opposition to the vicious, 44-year long Israeli occupation of the Palestinians is irrelevant to the question of Israel’s existence. In 1967, Israel chose expansion over security and has reaped the whirlwind ever since. It’s those who support Israel’s right wing and its expansionist policies who endanger the security of Israel, not those who oppose these policies.

  • Knight

    @Eddyenergizer: it’s odd, but for some reason Jews in Israel accept your statement far more readily than Jews in America. Israeli Jews criticize their government’s policies all the time — just like we criticize the President & Congress — does that make them anti-semites, too? No. And PromGirl: politics was injected into the discussion not by anti-semites but when a foreign political figure’s company bought the real estate in question.

  • north heights res

    PromGirl, please don’t characterize the political beliefs of the neighborhood with a broad brush. “Brooklyn Heights,” I am sure, contains a number of varied opinions on various matters. Your generalization seems unnecessary.

  • WillowtownCop

    An American was stumbling back to his hotel one night in Dublin when someone grabbed him, held a knife to his throat, and asked, are you Catholic or Protestant? Thinking to himself how smart he was, the American said, “I’m Jewish.” There was a long pause and he heart dropped when he heard the reply – “I must be the luckiest Palestinian in all of Northern Ireland!”

  • Andrew Porter

    Of course, Dublin isn’t IN Northern Ireland. Change it to Belfast, and you’ve got it right!

  • David on Middagh

    …OR the assailant knew full well his statement contained a contradiction, which allowed him to introduce the red herring of the Mideast Conflict (“If this is Northern Ireland, I’m an Arab!”) to disguise the fact that he was a common anti-Semite.

    Isn’t that more likely than encountering a deranged Palestinian in Belfast?

  • Knight

    Before I was married I had a girlfriend who accused me of overthinking situations. After reading David’s last post I finally know what she meant.

  • David on Middagh

    Do we overthink because we were pummeled in eighth grade, or were we pummeled in eighth grade because we overthought?

    Hmmmm.

  • AEB

    Both.

  • Knight

    Except for the kid with the full grown mustache (Maria — she still has it) I was the biggest kid in my class throughout junior high. So not much pummelling went on back then.