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On a very special behind-the-scenes tour on March 9th, our Untapped New York Insiders will get to discover Panorama, the iconic former Jehovah’s Witnesses’ headquarters in Brooklyn Heights. In the years since the closing of Watchtower, the global architecture, design, and planning firm Gensler has been transforming the complex into a dynamic new mixed-use campus. Situated at the heart of the Brooklyn waterfront, Panorama also has a brand new sign: a large 15-foot “WELCOME” sign replaced the famous Watchtower sign that once loomed over the East River. Read more: https://untappedcities.com/2020/02/24/take-a-tour-inside-panorama-the-former-jehovahs-witnesses-watchtower-complex/
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Dumbo Heights is going to pot. Cannabis marketing compliance technology platform Fyllo, which ensures advertising conforms to government regulations, has moved to its own space in Brooklyn’s Dumbo Heights. Chicago-based Fyllo had 10 employees in a co-working space at 55 Broad’s Bond Collective and will hire another 10 now that it’s in the new Brooklyn office. The 2,800-square-foot space is a penthouse carved out of a portion of the 12th floor at 77 Sands St. in Dumbo Heights. It includes private roof space. The building is one of several that belonged to the Jehovah’s Witnesses and were sold and renovated to attract tech companies. Fyllo was represented by Joseph R. Cybulski of CBRE. The ownership group of RFR, Kushner and LIVWRK is represented by Newmark Knight Frank and rents are in the $60-per-square-foot range. Founded by Chad Bronstein in March, Fyllo has already been showered with $18 million in venture capital funds. https://nypost.com/2020/02/04/cannabis-marketing-company-fyllo-moves-to-dumbo-heights/
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The former Leverich Towers Hotel at 21 Clark Street in Brooklyn Heights has had many lives—a residential hotel for wealthy Brooklynites, a Yiddish radio station and apartments for Jehovah’s Witnesses. Now it’s being renovated into a high-end senior living facility where typical rooms rent for $10,000 to $16,000 a month. https://commercialobserver.com/2020/02/former-jehovahs-witness-dorm-becomes-luxe-senior-living-facility-in-brooklyn-heights/#slide3
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This is a tiny fraction of their worth. Consider that the London Bethel properties are not included in this amount. They will be on the market soon with the new property coming online. 🤑🤑🤑 And that's just one branch. Add to that Japan, Germany and other large installations in dense areas. A few of the London properties have gone to market. https://ibsaproperty.com
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