Kushner Companies: Kushner JV closes on $300M purchase of Jehovah's Witnesses' HQ

A joint venture of CIM Group, Kushner Companies and LIVWRK has acquired 25-30 Columbia Heights, the historic Brooklyn Heights headquarters of the Jehovah's Witnesses, from Watchtower Real Estate. The 739,000 s/f property set on 2.3 acres comprises five addresses: 25, 30, 50 and 58 Columbia Heights and 55 Furman Street. The partnership intends to renovate [...]