“The site spans an entire city block in the dynamic DUMBO neighborhood and has nearly 1 million square feet of development rights,” Richard Devine, a Jehovah's Witnesses spokesman, said in a statement. It's near the foot of the Manhattan Bridge.
Now used as a parking lot, the 135,000-square-foot Jay Street site also has frontage on York, Front and Bridge streets. Real estate sources told the Brooklyn Eagle two years ago that developers who had approached the Witnesses at that time were willing to fork over $400 per buildable square foot — nearly $400 million.
A competitive offering process has also started for 124 Columbia Heights, a ten-story, 152,000-square-foot residential building that overlooks Brooklyn Heights' beloved Promenade.
Devine called it “a remarkable building with spectacular views of the Brooklyn Bridge, the Statue of Liberty and the impressive Lower Manhattan skyline.”
The Witnesses, who expect to complete their Warwick headquarters construction in 2017, still own another dozen Brooklyn Heights properties they have not yet brought to market.
More at link: Breaking news: Jehovah's Witnesses put Brooklyn Heights headquarters up for sale