Wednesday, July 11, 2018

New York State of Mind

More news from the intersection of property deals and news broadcasting. ABC News in New York is moving to downtown Manhattan, to a planned new development in Hudson Square. Handy for the New York Fire Museum and the Dog Pound.

Their current base, on the Upper West Side, was dedicated to presenter Barbara Walters in just 2014. It'll be sold for $1bn; the lease on the new site is estimated to cost $650m. It'll take two years before it's ready. Good Morning America will stay in their current Times Square studio.

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