The skyline of Brooklyn Heights is slowly turning another shade as the iconic yellow of the former Jehovah's Witnesses headquarters disappears under a new coat of paint.
The sell off of Panorama Brooklyn and 85 Jay appears to be an attempt to raise cash for the firm's embattled business.
The redevelopment of the iconic complex will bring new stores and businesses and as many as 5,000 workers to historic and mostly residential Brooklyn Heights.
Some preliminary renderings are out for the tech campus Kushner Companies et al are creating in Dumbo out of the five Watchtower properties they snapped up last year for $375,000,000. Kushner, RFR Realty and LIVWRK are rebranding the interconnected buildings as “Dumbo Heights,” The New York Daily News reported yesterday.
Plans for the $100,000,000 overhaul include a gourmet market, roof deck, pet-friendly spaces, daycare facilities and bicycle storage. Rents will start at under $60 a square foot at the 1.2-million-square-foot complex. Click through the jump for some more renderings and a map of the buildings from the project’s fancy new website.
Watchtower Buildings to Become Dumbo Heights [Daily News]
Development partners Kushner Companies, RFR Realty and LIVWRK Holdings have filed their first round of permits to begin construction on five of the former Watchtower buildings in Dumbo, The Brooklyn Daily Eagle reported last week. The DOB has approved permits for mechanical and plumbing work and the removal of interior partitions for the hulking former Jehovah’s Witnesses buildings at 55 Prospect Street, 81 Prospect Street, 117 Adams Street, 77 Sands Street and 175 Pearl Street.
The buildings are being made over into office space with tech tenants in mind, as previously reported. The former Bible-printing plants sold for a combined $240,000,000 last October, as part of a bigger $375,000,000 deal that included various other Witnesses properties in Brooklyn Heights, such as a hotel at 90 Sands Street, according to the story.