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Jehovah’s Witnesses Sell 107 Columbia Heights For Significantly Less Than Predicted

The Real Deal reports that Clipper Realty scooped up the property in an $87.5 million deal, or $569 per square foot, which is significantly less than the $154 million or $1,000 per square foot the building was predicted to fetch when the Jehovah’s Witnesses first put it on the market last April. According to the Brooklyn Eagle, the building boasts a rooftop terrace as well as a large courtyard space in which Clipper plans to develop an additional 12 apartment units.

http://bklyner.com/jehovahs-witnesses-sell-107-columbia-heights-significantly-less-predicted/