Over the past few years the Watchtower Society, also known as Jehovah’s Witnesses, have sold off several properties in Brooklyn Heights, most notably 360 Furman, now known as One Brooklyn Bridge Park. Recently, it was reported that the Witnesses have purchased 291 acres in Rockland County, with plans for a live/work complex to accommodate 850 of their members. This has led to speculation that they might sell the former Squibb Pharmaceutical buildings on Columbia Heights, or the buildings on Sands Street. Alternatively, they could choose not to build the proposed dormitory on the Jay Street superblock in DUMBO. At this point it is too early to know anything for sure, so don’t count on the Squibb buildings as potential condos to fund Brooklyn Bridge Park just yet. Read more in the Brooklyn Daily Eagle, if you can make it past the triple negative in the first sentence, that is.
Speculation Grows for Witnessing Further JW Exits
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Filed under Brooklyn Bridge Park, Local Real Estate