Condominium Sales Kick Off at Former Watchtower Shipping Complex

by DannyHaszard 22 Replies latest watchtower scandals

  • DannyHaszard
    DannyHaszard

    WATCHTOWER LAND LORD

    WATCHOWER LAND LORD

    2006_06_1bb120racked-thumb.jpgCondominium Sales Kick Off at Former Watchtower Shipping Complex
    Brooklyn Daily Eagle, NY - 46 minutes ago
    by Brooklyn Eagle ([email protected]), published online 05-15-2007. BROOKLYN HEIGHTS — Said to be the largest residential conversion in Brooklyn’s ... SAID TO BE LARGEST BROOKLYN CONVERSION EVER
    Trader Joe’s Rumored To Be Taking Retail Space in Waterfront Building
    BROOKLYN HEIGHTS — Said to be the largest residential conversion in Brooklyn’s history, the former Watchtower shipping complex at 360 Furman St. in Brooklyn Heights — now to be called One Brooklyn Bridge Park — has officially launched sales. Prices are starting at $500,000. A rumor that Trader Joe’s will be leasing some of the retail space in the building is unconfirmed. trader-joes-5-320.jpg The former 14-story waterfront building is being converted into 449 residential units, obviously offering some of the best views of downtown Manhattan and New York Harbor, and is situated within the planned 85-acre Brooklyn Bridge Park, hence its new name. “As the largest residential conversion in Brooklyn’s history, One Brooklyn Bridge Park will transform Brooklyn living,” said Robert Levine, president of RAL Companies & Affiliates LLC, the project’s developer. “One Brooklyn will offer unprecedented waterfront living unlike anything else.” The homes, designed with a contemporary edge by CDA Architects, will include loft apartments ranging from 588-square-foot studios to 2,360-square-foot four bedroom; townhouses with two-to-five bedrooms, ranging in size from 1,704 square feet to 4,069 square feet, and three- and four-bedroom penthouses, ranging in size from 2,452 square feet to 4,638 square feet. When completed in late 2007, the building will offer such amenities as 24-hour doormen and porters, on-site attended parking, additional owner self-parking, private riverfront cabanas, a 3,000-square-foot state-of-the-art fitness center, yoga/meditation room, children’s play rooms and art room, a game room, meeting room, media room and lounge, golf simulator, bicycle storage and a total of 7,000 square feet of landscaped gardens. “One Brooklyn Bridge Park will offer its residents exceptional living spaces, with open floor plans, soaring ceilings, and the highest quality materials,” said Highlyann Krasnow of The Developers Group, one of the firms handling sales. “The dramatic homes will also feature unsurpassed panoramic views in all directions from New York Harbor to Wall Street.” * * * Sales have officially begun for the luxury condominiums at One Brooklyn Bridge Park, the former Watchtower shipping complex at 360 Furman St. Some of the building’s street-level retail space on the park/waterfront side — rumored to be the future home of a Trader Joe’s store — can be seen at left, as well as the building’s future color — various shades of gray, according to the developers. Images courtesy of RAL Companies millions.gifHOW THEY GOT OUR MONEY

  • reneeisorym
    reneeisorym

    Making more money so they can spread the good news ........ *cough* I would just love to see where this money is actually going. Most non-profit orgs diclose that sort of thing. I have never seen a budject and a details explination of where all the money goes.

  • Arthur
    Arthur

    I worked at the shipping complex ( 360 Furman building ) when I was serving in Brooklyn. I worked on the second floor, and the view of the Manhattan skyline was excellent. I used to go up to the gym which was located on the 12th floor, and I would just stand and stare out of the windows sometimes at the view. Those are going to be some extremely nice appartments.

  • MidwichCuckoo
    MidwichCuckoo
    Most non-profit orgs diclose that sort of thing

    How can the WTBTS call itself a non-profit org?!?!!

  • juni
    juni

    Thanks Danny for the update.

    Is Robert Devine (the developer) a witness? Just wondering cause he's holding a magazine and has a very "theocratic" look about him. Ugh!!

    I'm sure the lofts are going for the $500,000 price tag......the other apartments in to the millions.

    Trader Joes is a very upscale store. They have them in Chicago I know....

    Was there ever any information about how much this shpg. bldg. sold for?

    Thanks...I'm full of questions this morning.

    Take care Danny.

    Juni

  • purplesofa
    purplesofa

    Think of the people that have been booted out because of downsizing and were virtually homeless, how they must feel seeing this going on. Just goes to show you how The Society does not take care of their own.

    They ask us to simplify and not be materialistic, I cant believe they can in good conscience do this, It takes money that usually takes a very good education to afford this kind of living.

    purps

    edited to add: ok, i read this article wrong.......the WT sold this building.....doh.

  • willyloman
    willyloman

    So, with the three buildings cited here and their estimated market value, added to reported $220 million sales price for 360 Furman, that's more than $260 million in the WT's pocket. And that doesn't include the pending sale of three other buildings not mentioned in this article!

    We're talking north of $300 million here, more or less. Just wanted to do the math for those dubs who insist "it's not about the money."

  • juni
    juni

    Thanks willy for doing the math.

    I respect your posts. You are always spot on and your posts are well thought out.

    Juni

  • JH
    JH

    When I see all their wealth, I'm glad that I never donated much or at all

  • juni
    juni

    John, when did u turn 19??????? You goof! Ah I know. You put up your rat avatar again from the one when you WERE 19.

    Juni

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