Fortis pays $91 Million for former Watchtower parking lot
Fortis Property Group has closed on its purchase of 30 Front St., previously used as a parking lot, from the Jehovah’s Witnesses for $91 million.
This was the last remaining property at the Witnesses’ former Brooklyn headquarters, according to The Real Deal.
Fortis plans to build a 26-story apartment building on the site with 74 units. It will include 178,000 of residential space and 72,000 of community space, The Real Deal reported.
Fortis is also planning a mixed-use project at 350 Hicks St. in Cobble Hill, part of the former Long Island College Hospital campus.