Jehovah’s Witnesses’ sale of Brooklyn buildings nets millions

New York Post/August 16, 2017

By Jennifer Gould Keil

The Jehovah’s Witnesses, as part of their move upstate, have sold two prime buildings in Brooklyn Heights to Hawkins Way Capital, an LA-based real estate investment group, Gimme Shelter has learned.

Hawkins paid $18 million for 117-125 Columbia Heights — a five-story, three-townhouse combo of Brutalist architecture totaling 53,629 square feet on one of the best blocks in the high-gloss nabe.

It was used as office space.

The second sale, at 97 Columbia Heights, is slated to close shortly — for an undisclosed, but larger, sum.

That 11-story residential building, which housed hundreds of staffers at the Jehovah’s Witnesses HQ nearby over the years, is 88,620 square feet and comes with 30 parking spaces and stunning views of the Manhattan skyline. The buyers’ brokers, Ravi Kantha and Matthew Lesser of Leslie J. Garfield, called the properties “unique trophy assets.”

Hawkins has not yet decided what to do with the purchases and is “assessing their options.”

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