JEHOVAH’S WITNESSES ORG OFFERS MASSIVE DUMBO PARKING LOT FOR SALE

NEW YORK, United States – The Watchtower Bible & Tract Society (Jehovah’s Witnesses) has offered for sale the Dumbo Parking lot by Brooklyn Bridge, New York, United States.

The property is situated on 52,171-square-foot with frontage on Front Street and could fetch $54 to $78 million, Brownstoner.com has said.

According to the organisation, the property is under a medium-density residential zoning designation (R7-1), but is “primed for achieving enhanced ZFA (Zoning Floor Area) rights” and is “a strong candidate for destination retail if a mixed-use zoning overlay is achieved.”

This is not the first time Jehovah’s Witnesses will be putting up property for sale in the US. In July 5, 2013, the JW signed agreement with RFR and Kushner Group of companies to sell a five-building complex formerly used for their printing operations in Brooklyn, New York, as well as a 30-story residence to the group.

“Many commuters and visitors in New York City see the signs ‘Read God’s Word the Holy Bible Daily’ and ‘Read The Watchtower and Awake!’ on these buildings as they cross the Brooklyn Bridge,” notes David Semonian, a media spokesman for Jehovah’s Witnesses.

“For many years, the work done in these buildings represented a major part of our organizational history and our presence in Brooklyn.” The Witnesses used the five-building complex to publish Bibles and Bible education literature in many languages for 77 years. The first of the buildings was occupied in 1927, and beginning in 1937, adjoining properties were added. The 30-story residence building accommodated about a thousand workers, who could report to the printery without leaving the facility”, he said. See more here.