Jehovah’s Witnesses See The Profit

Robert Levine, the developer who’s building condos in Brooklyn Bridge Park is paying $92 million for the once-famous, Bossert Hotel. The money will be paid to the publishing arm of the Jehovah’s Witnesses; the Watchtower Bible and Tract Society. He plans to convert the 14-story landmark hotel into student housing. It was once known as Brooklyn’s “Waldorf-Astoria.” Old-time baseball fanatics may remember that it hosted the Brooklyn Dodgers 1955 World Series victory party. Well, no more Dodger parties at the old inn. It’ll probably become the scene for many “Animal House” shenanigans real soon though.

NYC Baseball Is The World Serious

NYU adjunct professor, John Tepper Marlin, prepared a report to show how much money New York City businesses will lose if New York’s two baseball teams fail to make the post-season this year. The following figures represent the amounts for each team at each level of play. For the Yankees elimination, $26 million for the AL Division Series, $54 million for the AL Championship Series and $61 million for the World Series. Should the Mets not play “October baseball,” $21 million for the NL Division Series, $45 million for the NL Championship Series and $81 million for the World Series. Marlin was chief economist for three former city comptrollers so he knows something about money. But, how can he be talking cash at a time like this? Neither team is a lock to get in! He may know money but he obviously knows nothing about the heart of Big Apple baseball fans. Should either team fail to make it, money lost will mean nothing to their faithful. We’re talking the end of the world, here.