Watchtower Bible and Tract Society will move their world headquarters to Warwick -- Patterson Part Deux (page 2)

sir82

The plan to move out of Brooklyn is a reaction to 911.

Do you agree? What else could motivate their move to the burbs?

That might partially be it, but I don't think that is everything.

Considering all the cutbacks over the past 10-15 years, it is apparent that while asset rich, they are cash flow poor.

By moving out of Brooklyn, they can sell all their skyline-view, waterfront Brooklyn property to developers (as soon as the real estate market

bounces back anyway) and pocket (likely) billions and billions of dollars. That will resolve their cash flow issues for decades - long enough for

the current crop of GB to finish out their days in (relative) luxury.

RubaDub

Did I miss where the above quoted report was from ? A local newspaper ?

Rub a Dub

daniel-p

When they say "Shawangunk" they mean the Wallkill complex. The Shawangunk Mountain Ridge is about ten miles northwest-ish 
of Wallkill... you can see the ridge from the complex.

Black Sheep

The Russians have the right idea ..............

............. let them get settled in then evict them.

yesidid

The quote is from the Warwick Advertiser of November last year.

http://www.strausnews.com/articles/2009/11/26/warwick_advertiser/news/2.txt

Oh great!! Just what we need in Orange County Our neighbor Ulster Co. has the Wallkill farm, across the hudson ,in neighboring Dutchess/Putnam Co. is the Patterson facility, and some years ago they built the Assembly Hall in the town of Newburgh(Orange Co.) after selling the former Assembly hall located in Monroe(Orange Co.) to the growing Hasidic Jewish community .I guess we'll see somewhat paradise conditons within the Hudson Valley area. lol