@ dagney:Is there a place I can find that? I send this thread and the other recent threads to a JW today. I would love to be able to show them the $1.2 billion figure.
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An online search will get you a lot of info. The Brooklyn news outlets have reported on all WT real estate sales, including the dollar figures. To date WT has actually sold well over $800 million worth of properties. Here's one article:
http://www.brooklynpaper.com/stories/34/32/dtg_bridgeparkdealmain_2011_08_12_bk.html
"The deal calls for the Watchtower Bible and Tract Society โ s holdings in Brooklyn Heights and DUMBO to be rezoned for residential use โ a change that real-estate experts believe will send the value of the Society โ s properties well north of $1 billion."