The Real Deal New York

Watchtower Society selling five more properties in Brooklyn

September 16, 2011 01:22PM

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Five additional properties from the Jehovah’s Witnesses in Brooklyn
are going on the market with the Corcoran Group, after three other properties
were listed with Massey Knakal Realty Services earlier this summer,
the New York Times reported.

The five Brooklyn Heights properties have a combined asking price of $18.8 million and belong to the Watchtower Bible and
Tract Society, the legal and publishing entity of the Jehovah’s
Witnesses. One of the houses is a carriage house built in the late
1800s on Columbia Heights, and is currently configured as two
apartments with a four-car garage. It has an asking price of $4.5
million. The other properties are on Willow and Orange streets, and
the brownstones are on Remsen and Willow streets. Ellen Newman of
Corcoran, who is a co-broker on the listings with Lisa Detwiler, said
it was highly unusual to see a portfolio of so many properties in
Brooklyn Heights go on the market all at once.

The Watch Tower Society has been in the process of selling off its
property
in Brooklyn as it
prepares to move to Warwick, in upstate New York. [NYT] 

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