RFR Holding, LIVWRK, and Kushner Companies are preparing to enter into contract to purchase the 11-story, 733,000-square-foot office complex at 25-30 Columbia Heights, in Brooklyn Heights, in addition to the vacant full-block, 135,000-square-foot development site at 85 Jay Street, in DUMBO, from the Jehovah’s Witnesses. The team of developers are paying $700 million for the properties, according to the New York Post. 25-30 Columbia Heights, which is commonly called the “Watchtower,” is the organization’s current headquarters. It could possibly be turned into a commercial hub, similar to how the same developers converted the former Jehovah’s Witnesses properties at 81 Prospect Street into offices back in 2014. As for 85 Jay Street, the site has been long approved for roughly 1.1 million square feet of development. That’s as many as 700 to 1,000 residential units, which could boost the neighborhood’s population by a third, Brownstoner reported a few months ago.
Subscribe to the YIMBY newsletter for weekly updates on New York’s top projects
Follow YIMBY’s Twitter foenr the latest in YIMBYnews
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
New York where is my love, I will buy a ticket and travel by train all the city.
25-30 Columbia Heights is not “called The Watchtower.” That’s just the sign on the place.
Can’t wait till they remove that stupid ‘Watchtower’ sign. Glad that cult is leaving the city.
Sean, JW’s are not a cult..Do your homework/investigation before speaking stupidly. Once the new owners move in, I sincerely believe you will be singing a different tune…