Coming from outside and not having knowledge of internal politics, I think the first one conveys someoone standing up to the Witnesses. I grew up in the area, my father was a Bethelite, I worked next to the WTC and looked down on the society. The contrast between a whole individual and a mindless monolithic organization comes across well in the original.
The second one requires reading all the printed words. A lot of words, IMO for a logo or something that represents something in summary. Images are so tiny.
These are my thoughts on the issue. It is not my symbol to the world so my view does not count. I suppose outsiders do not instantly recognize the building. Maybe a shot that frames the JW sign. I always wondered why they were so nice to broadcast the time and temp to Manhattan.