The Real Deal (magazine), “The Jehovah’s Witnesses’ Brooklyn holdings”
“At one point, its portfolio totaled 37 properties in Brooklyn Heights and Dumbo — including a pack of six buildings that sold for $375 million to a team led by Jared Kushner and RFR Realty … $1 billion: The total amount three buildings owned by the Jehovah’s Witnesses — 25-30 Columbia Heights, 124 Columbia Heights … and a giant parking lot at 85 Jay Street in Dumbo — could fetch.”
Also states the headquarters was bought for $3 million in 1969 and gives a (third-party study) estimate of $368 million in property tax exemption over 12 years — treat that figure as an estimate, not a fact.
Official source (opens in new tab)
Provenance and verification note for The Real Deal (magazine), The Jehovah’s Witnesses’ Brooklyn holdings
Confidence note. Fetched the live article via curl and read the text.
Corroborated by. src-cbs-2015-1213-ap-could-make-1-billion
Accessed. 19 September 2026 · Source ID. src-trd-2016-0401-jw-brooklyn-holdings