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When the Watchtower Group announced last spring that it would ratchet up the liquidation of its Brooklyn Heights holdings, one of the properties in the goody bag was 165 Columbia Heights, a two-story carriage house on one of the most desirable stretches of the Heights. For the last six years, the 4,172-square-foot house has been used as guest quarters for the Jehovah’s Witnesses. It looks to be in good shape and there’s a highly-coveted three-car garage as well. But still, $7,200,000? We shall see.
165 Columbia Heights [NY Times] GMAP P*Shark
Good Lord! Watchtower Divesting Six Heights Props [Brownstoner]


What's Your Take? Leave a Comment

  1. The garage layout is unimaginative. Someone with this amount of dough can afford one of those fancy hydraulic lifts, and reclaim half of the garage floor area without losing any parking. Think this is crazy? One of the carriage houses on Grace Court Alley has done it.

  2. Last time I checked, 7 mil should buy a way better layout than this. You have to walk through the bedroom to get through the kitchen? I know carriage houses are rare but you can buy a SRO brownstone, pay lawyers to get rid of the tenants and fully restore it for less than this. I don’t see the point.

  3. You know what? Paying for a Porsche, Vuitton luggage and diamonds is one thing. But no one, not even rich folk, new or old money, like to be suckers. Anyone who pays asking price for this carriage house is a sucker. And for those rich people who might be clueless as to the BH market, they have financial advisers and lawyers who would readily advise them that this is a rip-off.

  4. 7:49
    You are sadly deluded.
    Just because you know a cheapskate old money family with more bats in the belfry than money in the bank, does not mean that the rich in general do not like to part with money. Most of the wealth in this country is self-made. Crusty old snobs like yourself may think of this as newbie money or nouveau riche, but these folks are truly rich and they do not think it is a sin ti enjoy it. Thank God most people with dough have the good sense to spend it. Cranky old puritan cheapskates interest me not at all. Believe me, I have known some of them, they are the oddest and most unpleasent people on earth.