We’re hearing that real estate investment fund Glory Capital purchased a 43-unit apartment building at 6-10 Clark Street in Brooklyn Heights from the Watchtower Bible and Tract Society. No word on what the property went for. According to a Brooklyn Eagle article in June, the apartments have already been upgraded recently and studios will start renting for $2,050. It also remains to be seen whether Glory Capital—which also bought 67 Livingston from Watchtower in May—is looking to acquire any of the other Heights properties the religious group recently put on the market. Any rumor mill buzz about the other Jehovah’s buildings that are up for sale?
Update: The Property Shark entry on 6-10 Clark shows that the Glory Capital deal closed in late April, and that the building went for $12.5 million.
Good Lord! Watchtower Divesting Six Heights Props [Brownstoner] GMAP P*Shark