A new neon sign that hopes to become an instant NYC landmark recently was lit up over the Brooklyn waterfront between the Brooklyn Bridge and the Manhattan Bridge.
The sign heralds the arrival of Panorama Brooklyn Studios, where CIM Group is adding 60K SF of film production space and two 7K SF studios to its redevelopment of the complex in Columbia Heights that used to be known as Watchtower, the waterfront HQ of the Jehovah's Witnesses.
The full development is part of 680K SF development of the property, which spans two blocks that CIM purchased from the Jehovah's Witnesses for a record $340M in in partnership with LIVWRK.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
