"The Jehovah's Witnesses formerly owned this five-building assemblage, part of the massive, and well-maintained, property portfolio the religious group sold to fund a new headquarters in upstate Warwick."
"Of the 661 proposed dwellings, 165 would be designated for affordable housing. And in order to create space for such a sum of units, some structural work would be needed."
"CIM, which bought out the two other partners in 2018, sees current demand for something else: housing along Brooklyn's most prime stretch of waterfront."
"Local residents told Curbed they're in favor of a residential conversion at a time of a city housing crisis."
The 25-30 Columbia Heights complex, previously owned by Jehovah's Witnesses, is proposed for conversion into 661 residential units, including 165 affordable housing units. Local residents support this change amid a housing crisis. The CIM Group, which purchased the property for $340 million, initially planned an office complex and film studio, but those plans were disrupted by COVID-19. The proposal requires a zoning change from commercial to mixed-use and includes structural modifications to accommodate the new apartments.
Read at New York Post
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