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Here’s how much Fortis paid for its Jehovah’s Witnesses site
December 19, 2018 05:22PM
Fortis Property Group has closed on its purchase of 30 Front Street from Jehovah’s Witnesses for $91 million, according to property records. The religious...
Here’s what Fortis is planning at former Jehovah’s Witnesses site
September 19, 2018 11:05AM
The latest project to replace a former Jehovah’s Witnesses site in Brooklyn will stand 26 stories tall with 74 units at 30 Front Street,...
Kayne Anderson lands $200M loan for former Jehovah’s Witnesses building
August 03, 2018 04:00PM
Florida private equity firm Kayne Anderson Real Estate Advisors landed a $200 million mortgage for a former Jehovah’s Witnesses property in Brooklyn Heights. The...
These were the biggest Q4 deals in Brooklyn
January 18, 2018 07:30AM
Another quarter, another massive Jehovah’s Witnesses deal in Brooklyn. The religious organization’s $202.5 million sale of 21 Clark Street topped the list of Brooklyn’s...
The top 10 biggest real estate projects coming to NYC
December 08, 2017 07:00AM
The largest real estate project filed with the city last month was a plan to revamp yet another one of the former Jehovah’s Witnesses...
So long, Watchtower: Famed 70-year-old Brooklyn sign comes down
December 07, 2017 11:15AM
The Brooklyn waterfront’s iconic Watchtower sign is no more. The famed structure atop 30 Columbia Street, featuring 15-foot tall letters that weighed up to...
Jeffrey Gershon closes on Jehovah’s Witnesses Dumbo building
November 15, 2017 05:00PM
UPDATED, 10:46 a.m. Nov. 16: Developer Jeffrey Gershon has closed on his $60 million purchase of the Jehovah’s Witnesses building at 74 Adams Street, one of...
Florida firm gets $107M loan for purchase of Jehovah’s Witnesses building
November 08, 2017 02:45PM
Kayne Anderson Real Estate Advisors has received a $106.7 million loan for 21 Clark Street in Brooklyn Heights, where the Florida-based private equity firm is...
Florida firm pays $200M for Jehovah’s Witnesses building, plans luxury units for seniors
November 01, 2017 09:22AM
UPDATED, Nov. 1, 6:49 p.m.: The Jehovah’s Witnesses continued their Brooklyn selling spree, offloading a Brooklyn Heights apartment building to private equity firm Kayne...
Aby Rosen pays $135M for former Jehovah’s Witnesses hotel
September 05, 2017 06:00PM
Aby Rosen’s RFR Realty paid $135 million to buy the Jehovah’s Witnesses’ former residential hotel at 90 Sands Street, property records filed Tuesday show....
LA firm scoops up Jehovah’s Witnesses building for $58M
August 31, 2017 09:20AM
The Jehovah’s Witnesses sold off another piece of their dwindling Brooklyn real estate portfolio to Los Angeles-based real estate investor Hawkins Way Capital for...
Another Jehovah’s Witnesses property sells, this time for $18M
August 16, 2017 05:20PM
UPDATED, 10:58 a.m. August 17: Jehovah’s Witnesses just keep on selling. The religious organization has parted ways with another of its Brooklyn properties. This one,...
End is nigh for Watchtower sign: Iconic placard to come down after $340M sale
June 26, 2017 03:50PM
The iconic Watchtower sign, a glowing fixture over Brooklyn Heights, will soon disappear from the skyline. Earlier this month, the Jehovah’s Witnesses filed a...
Jeffrey Gershon to buy Jehovah’s Witnesses site in Dumbo for $60M: sources
May 23, 2017 03:25PM
Developer Jeffrey Gershon is in contract to buy one of the last remaining Jehovah’s Witnesses parcels in Dumbo for close to $60 million, or...
Clipper to buy BK rental from Jehovah’s Witnesses for $88M
February 14, 2017 07:00PM
In its first move as a publicly traded company, Clipper Realty is buying an 11-story Brooklyn Heights rental building from the Jehovah’s Witnesses for...
Trump taps Virtu CEO, Brooklyn real estate investor Vincent Viola for Army secretary
December 19, 2016 04:20PM
President-elect Donald Trump nominated Virtu Financial CEO — and recent Brooklyn real estate investor — Vincent Viola for Secretary of the U.S. Army on...
Rabsky buys Jehovah’s Witnesses building for $65M
December 01, 2016 04:00PM
Simon Dushinsky’s Rabsky Group is the mystery buyer behind the Jehovah’s Witnesses’ latest Dumbo deal, paying $65 million for a building near Dumbo Heights....
Jehovah’s Witnesses sell Adams Street development site
November 03, 2016 10:05AM
The Jehovah’s Witnesses have sold another development site in Dumbo, but are keeping mum on the selling price and the buyer. The organization sold...
Religious groups’ tax-exempt NY properties skyrocket in value to $26B: report
October 27, 2016 07:30AM
The value of religious groups’ real estate holdings across New York state has exploded over the past two decades — to a total of...
WATCH: NYC real estate’s week in numbers
September 23, 2016 06:20PM
A $24 million price chop, 20 million square feet of office space and $885 million in Chinese capital fleeing the country — in real estate, it’s all...
Zillow revenues are up, but losses are widening as it pivots to home-flipping
Exiled Chinese billionaire Guo Wengui sues Soho China for $300M
Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over
In bizarre saga of Bo Dietl’s MeToo investigative platform, Douglas Elliman is apparently not a client
Heinz heiress’ 1 Sutton Place manse in contract
February 2019 issue
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