CIM Group pursues mixed-use development at Watchtower site
All along the former Watchtower site, CIM Group is eyeing hundreds of housing units, including a large patch of the affordable kind. CIM is proposing turning the former Jehovah’s Witnesses headquarters site in Brooklyn Heights into a 661-unit complex, Gothamist reported. Details of the proposed rezoning of the waterfront site remain sparse, but there would be 165 affordable units in the project. The Watchtower site includes five buildings at 25 and 30-58 Columbia Heights. The buildings formerly served as the headquarters for the religious group, but have largely sat vacant since they were sold a decade ago. CIM purchased the […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The Rental Market Wasn’t Built For Creators. This Startup
Wants To Change That

The Height Of Now: Nine Extraordinary New Homes Around The
World

Tariffs, Rates, And A Housing Shortage: Why The Housing
Market Is Struggling

Design West Hollywood 2026: Everything To Know About L.A.’s
Design Week

Policy Pro: Dynamic Star’s Fordham Landing megaproject limps
along

There Are 4 Types of Housing Markets Right Now. Which 1 Are
You In?

How to Get 10%+ Off Your Next Real Estate Deal Right
Now

Multifamily vs. Single-Family Investing: Which Is Better for
Beginners?

Vornado’s Penn District leasing momentum picks up

Soccer star Thierry Henry lists Soho penthouse for
$25M


