Thursday, May 31, 2012

Witness to a new development: Avenue C's Kingdom Hall back on the market

The 3,050-square-foot, two-story Kingdom Hall owned by the Jehovah's Witnesses is on the market, Crain's reported yesterday. The site at 67 Avenue C near Fifth Street is zoned for a residential property of up to 10,000 square feet. Crain's notes that there is no asking price on the space.

Robert Knakal, chairman of Massey Knakal Realty Services, who's marketing the property, said: "I am sure this property will be highly sought after by smaller residential developers."

Perhaps. But the current space is 3,050 square feet. And it's zoned for up to 10,000 square feet. You can do the math.

[Via Curbed August 2009]

There isn't the first name this property has been listed. I wrote about a potential sale back in August 2009 during a guest stint at Curbed.

Per that post:

For sale signs went up [last] week at the Lower Manhattan Congregation Jehovah's Witness at 67 Avenue C near East 5th Street. According to the Massey Knakal listing for the property, the space "is ideal for a user, investor or developer and will be delivered vacant." Indeed; asking $2.2 million.

Previously on EV Grieve:
New world order for Avenue C?


nygrump said...

the JW's are selling off the big yellow place in Brooklyn too I thought. Cashing out before the end times.

Danny Haszard said...

My Jehovah's Witnesses paternal grandparents gave all their liquid assets everything they didn't need to survive early 1970's as a direct prompting of Watchtower's 'staying alive till 1975' profitcy.

No immediate problem they are adults do what they want except we did all get screwed out of any inheritance.The BIG problem is come mid 1980's they both get senile and need visiting home care then nursing home and now there is NO money.The children and grandchildren (me) all have to pitch in for their elderly care as they gave away their retirement money.
I investigated,this religious scam is repeated thousands of times in the JW 'new world society'.
--Danny Haszard