This is what the speaker said regarding the properties that were to be sold...
The real estate sales around the world have been accelerated to the extent possible. We have close to 3,000 properties scattered around the globe that need to be sold, many of them smaller properties of limited value, but in total they represent a substantial amount of future income from the sale of those properties. That’s especially true of the remaining properties here in Brooklyn … These sales will contribute to helping us to transition from our current position to the revised operating budget that the Governing Body is working towards.