Divinity Atlas

Sacred Correspondences
Sources

Kushner, CIM & LIVWRK Close on $340M Watchtower Buy (The Real Deal, 2016)

Katherine Clarke, The Real Deal, 4 August 2016

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A Real Deal report on the Watchtower Bible and Tract Society of New York's 340 million dollar 2016 sale of its former Brooklyn headquarters, and the earlier 375 million dollar sale of five further former Witnesses buildings in the same neighborhood.

Facts
Assessment
Reliability Tier
2
Tier 2: a specialist New York real estate trade publication's contemporaneous report of a closed transaction, read directly: the 733,000 square foot former Watchtower headquarters at 25-30 Columbia Heights, Dumbo, sold by the Watchtower Bible and Tract Society of New York to a Kushner Companies, CIM Group and LIVWRK partnership for 340 million US dollars, closed 4 August 2016, the same article also naming an earlier sale of five further former Witnesses buildings in Dumbo (now Dumbo Heights) to a related Kushner/LIVWRK/RFR partnership for 375 million US dollars. Both are closed New York City real estate transactions, recorded in the city's public deed records and reported here by trade press, not a valuation of the Watchtower's total holdings.
Citation
Author
Katherine Clarke
Publisher
The Real Deal
Publication Year
2016
URL
https://therealdeal.com/new-york/2016/08/04/kushner-cim-livwrk-close-on-brooklyns-watchtower/
Source Type
news
Claims Backed By This Source (12 claims)

This source backs 12 claims across the atlas. As facts: 11 well-attested. Plus 1 entities citing it as a general reference with no single fact or relationship attached.

Disposition By Topic

  • Sources, 7 claims: 7 well-attested.
  • Denominations, 5 claims: 4 well-attested, 1 general references.
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