I believe the sole purpose of Warwick was to allow them to dispose of all the high-price real estate in Brooklyn.There was just too damn much cash tied up in those old buildings in NYC. Plus, after 9/11 I suspect the WT Heavies saw NYC as a risk to future attacks. (The do believe the End of the World is near.) Additionally, those buildings were 100 years old and had to be a nightmare in repair and maintenance costs.
But again, I really suspect that the bigger strategy is to have Warwick titled in a new Corporation that will not be liable for any awards resulting from future litigation. Eventually, their plan could be to sell Wallkill &/or Patterson to shed those assets from the old WTBTSofNY or WTBTSofPA. I believe the PA Corp was excused from the Conti lawsuit and the NY Corp was held liable. One of the up-state NY properties was offered in lieu of a bond (but the Court refused that offer). Perhaps someone could find out how the new Warwick property is titled?
Mere speculation but perhaps the buyers of the Brooklyn real estate can option out of the deal if the property is not completely vacated by said takeover date?