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Glory Capital Purchases 67 Livingston Street, Brooklyn

Glory Capital, the investment arm of the Ben-Dayan family, closed on the purchase of 67 Livingston Street in Downtown Brooklyn for $18.6 million. The 30-story, 50,000-square-foot residential tower was sold by the Jehovah’s Witnesses’ Watchtower Group, which is currently selling off a number of its valuable Dumbo and Brooklyn Heights assets. Meanwhile, mega-developer Toll Brothers reportedly has bids in some of the other Watchtower properties currently on the market.

Published on Thursday, May 17th, 2007.