RivercrestRez
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Watchtower buys apt complex in Fishkill, NY
by lostinthought inhttp://www.poughkeepsiejournal.com/story/news/local/2014/12/22/jehovahs-witnesses-buy-fishkill-rivercrest-apartments/20788311/.
jehovah's witnesses now owns a major apartment complex in the town of fishkill.. tenants say they've been told their leases will not be renewed.. the sale of the 250-unit rivercrest luxury apartments closed dec. 3, the deed on file at the dutchess county clerk's office shows.
while sale price is not stated, the transfer tax indicates a transaction for $57 million.. rivercrest is a modern development west of route 9d just north of beacon and was a project of avr realty, which also developed other housing and commercial spaces in that area as well as projects in eight states.. the sale deed is between rivercrest development llc, based in yonkers, and watchtower bible and tract society of new york, inc. as the buyer.