From TRD New York: The Jehovah’s Witnesses sold off another piece of their dwindling Brooklyn real estate portfolio to Los Angeles-based real estate investor Hawkins Way Capital for $58 million.
Hawkins bought the 12-story, 97-unit apartment building at 97 Columbia Heights, according to Leslie J. Garfield Real Estate.
The Witnesses bought the 88,610-square-foot building in 1986 from developer Ian Bruce Eichner, who was constructing the building after a fire destroyed his co-op conversion of the former Hotel Margaret on the site.