Jump to content
JWTalk - Jehovah's Witnesses Online Community

Newly Listed: Jehovah’s Witnesses’ 10-Story Residential 67 Remsen Street


We lock topics that are over 365 days old, and the last reply made in this topic was 4286 days ago. If you want to discuss this subject, we prefer that you start a new topic.

Recommended Posts

Newly Listed: Jehovah’s Witnesses’ 10-Story Residential 67 Remsen Street

by Chuck Taylor

IMG_0669-001-298x420.jpg

Another Brooklyn Heights property in the Jehovah’s Witnesses real estate portfolio has hit the marketplace. A five-story, 5,088-square-foot residential building at 67 Remsen Street—ironically, abutting the back of organization’s recently sold Bossert Hotel—is asking $3.4M. It features 10 units, a private garden and will be delivered vacant, according to David Schechtman of marketing firm Eastern Consolidated. He adds it could be converted to a single-family home.

The Real Deal reports that the building previously housed students and volunteers associated with the religious group’s Watchtower Society. As the Jehovah’s Witnesses move forward with their planned relocation upstate to Warwick, N.Y., and Patterson, N.Y., the residences were no longer necessary, Schechtman says.

The group’s mammoth portfolio of buildings have been marketed variously by Massey Knakal, Cushman & Wakefield’s Nat Rockett, and now, Eastern. “Engaging a third firm is a sign that the religious group has decided now is the time to divest from their properties,” a source told The Real Deal. The group owned 25 Brooklyn buildings before they began selling them off two years ago.

If left a multi-family dwelling, the net operating income at the building would be about $140,000 a year, documents obtained by The Real Deal show, although “a well-maintained single-family home might be a bigger draw” in the Heights. A 3-bedroom townhouse down the street at 12 College Place recently went into contract for $4.85M, Streeteasy cites.

“Inside of a million [in construction costs], you could easily have one of the nicest townhouses you will ever see,” Schechtman told the newspaper.

(Photos: Chuck Taylor)

IMG_0672-420x315.jpg

Article Source: http://brooklynheightsblog.com/archives/44739

 


I have a website about healthy low carb eating, nutrition, and weight loss. Come join CarnivoreTalk.com and learn more!

Link to comment
Share on other sites

Wow I looked at the article and it said, " A five-story, 5,088-square-foot residential building at 67 Remsen Street—ironically, abutting the back of organization’s recently sold Bossert Hotel—is asking $3.4M. It features 10 units". Isn't that 5 story - 10 unit?

Plan ahead as if Armageddon will not come in your lifetime, but lead your life as if it will come tomorrow (w 2004 Dec. 1 page 29)

 

 

 

 

Soon .....

 

Link to comment
Share on other sites

Yes' date=' so the "typo" was in the title of the article, not in the article itself.[/quote'] WOW you guys are good.

120252=6643-detective2.jpg

For beautiful eyes, look for the good in others; for beautiful lips, speak only words of kindness; and for poise, walk with the knowledge that you are never alone.

Link to comment
Share on other sites

  • Recently Browsing   0 members

    • No registered users viewing this page.

About JWTalk.net - Jehovah's Witnesses Online Community

Since 2006, JWTalk has proved to be a well-moderated online community for real Jehovah's Witnesses on the web. However, our community is not an official website of Jehovah's Witnesses. It is not endorsed, sponsored, or maintained by any legal entity used by Jehovah's Witnesses. We are a pro-JW community maintained by brothers and sisters around the world. We expect all community members to be active publishers in their congregations, therefore, please do not apply for membership if you are not currently one of Jehovah's Witnesses.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

JWTalk 23.8.11 (changelog)