Crain’s NY Business writes about how our local electeds and others are already licking their chops over the potential buyers, uses and tax revenue resulting from the sale of the Watchtower properties in Brooklyn Heights.
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Brooklyn Paper Ponders Brooklyn Bridge “Park” Plan
The Brooklyn Paper weighs in on the latest scheme to fund Brooklyn Bridge Park: Brooklyn Paper: The deal calls for the Watchtower Bible and Tract Society’s holdings in Brooklyn Heights and DUMBO to be rezoned for residential use — a change that real-estate experts believe will send the value of the Society’s properties well north […]
3 Watchtower Properties on the Block
Realtor Massey Knakal announced via press release this afternoon that they have been retained to sell 3 properties owned by the Watchtower Bible and Tract Society in Brooklyn Heights. The buildings are 50 Orange Street, 183 Columbia Heights and 161 Columbia Heights. The three properties combined are being valued at $18.45 million dollars. They’ll be […]
Park Consultants Submit Final Report on Housing Alternatives
Bay Area Economics (“BAE”), the consultants hired by the board of the Brooklyn Bridge Park Corporation to study alternatives to housing in the park as sources of funding for park operations and maintenance, have submitted the final version of their report to the board’s Committee on Alternatives to Housing. The full text of the report […]
Post: Witness Buildings May Solve Park Funding Problem
Existing buildings owned by the Jehovah’s Witnesses could, it is suggested, be purchased by the City, converted to luxury condos, and the tax revenue they generate used to help fund Brooklyn Bridge Park maintenance. New York Post: The Jehovah’s Witnesses could answer the prayers of locals fighting to keep more high-rise condos out of Brooklyn […]
A Look Inside the Bossert Hotel
The Bossert Hotel’s lobby is something very rarely seen by Brooklyn Heights residents who are not members of the Watchtower Bible and Tract Society. In 2008, it was part of the Brooklyn Heights Association’s Annual House Tour but that’s about it. The YouTube video after the jump by Michael R. Huff provides a brief peek […]
Watchtower Properties: $1 Billion? Really?
Brooklyn Heights resident and real estate broker Donald Brennan files this guest post: After reading the ‘Real Deal on Watchtower Properties’ post here last week I got to thinking – a billion dollars, for 25 properties, where did that number come from? While I am aware of the impeccable condition of these properties, inside and […]
Real Deal on Watchtower Properties
The Real Deal looks at the Watchtower’s Brooklyn Heights real estate holdings and speculates how much the organization could make once it decides to put its remaining properties here on the market: The Real Deal: Over the next decades, the Watchtower Bible and Tract Society, as it is officially known, bought up some incredibly valuable […]
A View From Inside the Watchtower, Continued: Apocalypse Not
“Orthocath” continues his story of life as a “Bethelite” in 1970s Brooklyn Heights here. In this installment, he tells of the passing of the fateful prediction for 1975, as well as of the acquisition of the Towers Hotel and the digging of a tunnel.
A View From Inside the Watchtower
A former Jehovah’s Witness, now a convert to Orthodox Catholicism, recounts his days as a “Bethelite” in the Witnesses’ Brooklyn Heights headquarters, here.
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