Tuesday, May 01, 2007

Jehovah’s Make Bank

As a DUMBO resident, I am always on the lookout for news of property sales.

Just read in the Brooklyn Daily Eagle that Watchtower Bible and Tract Society (a.k.a. Jehovah’s Witnesses) will sell several six Brooklyn Heights properties, citing a decrease in Brooklyn staff.

Three properties are being sold as a portfolio:
• The Standish
• 183 Columbia Heights
• 161 Columbia Heights

Then, the three being sold separately are:
• 165 Columbia Heights
• 105 Willow St.
• 34 Orange St.

Brownstoner has some images up of the properties. One of the commenters on Brownstoner estimates the market price for 165 Columbia Heights would be about $3.5M. The views must be amazing.

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