Last year, the sect put up for sale six of its 18 Brooklyn Heights properties, including the Standish Arms Hotel on Columbia Heights, which sold for $50 million in December.
The Bossert could go for twice as much, said Arlene Awaye, whose Awaye Realty helped broker the Standish Arms deal.
“The Bossert is double the size and it’s a beautiful property, so it could easily go for twice the money as the Standish,” Awaye said.
The ongoing selloff by the Watchtower Bible and Tract Society — the business arm of the Jehovah’s Witnesses — comes as the Witnesses have moved most of their publishing and printing operations upstate.
Real-estate developers are salivating over the properties that have come on the market, but locals say they will miss the Witnesses.
“At the Bossert, and at all of their buildings, the Witnesses have set a very high standard in terms of taking good care of their properties,” said Brooklyn Heights Association Executive Director Judy Stanton. “Brooklyn Heights has benefited from the care and attention that they have put in to their buildings and I hope that the new owners will keep up that tradition.”
There certainly is plenty of tradition to keep up. The Bossert, a 14-story Italian Renaissance Revival building at 98 Montague St., was constructed by Brooklyn lumber tycoon Louis Bossert in 1909.
After the Witnesses bought it in 1988, it underwent a complete rehab that included restoration of the crystal chandelier and stone columns in the hotel’s lobby and the renovation of the famous Marine Roof restaurant on the building’s top floor.
“When we bought the building, the Marine Roof was in complete ruin,” said Richard Devine, the Watchtower Society’s building manager. “But we rebuilt the space as a banquet hall for our events and, of course, that will be available to the new owners. It’s a gorgeous space with stunning views of Manhattan.”