News: Brokerage

WMBC-TV relocates broadcasting to One World Trade Center

New York, NY The Durst Organization announced that WMBC-TV has signed a 10-year lease to relocate from Montclair, New Jersey to One World Trade Center.  In August WMBC-TV will join 10 other New York City area stations, including CBS2 NY (WCBS-TV), NBC 4 New York (WNBC) and FOX 5 New York (WNYW), already broadcasting full-time from One World Trade Center. The One World Trade Center broadcast facility provides television stations with optimal coverage in New York City and is engineered will full redundancy of all critical systems for maximum reliability.

“We are thrilled to have WMBC broadcast from One World Trade Center,” said Jonathan Durst, president of The Durst Organization. “OWTC is the zenith of broadcasting for the tri-state area, and we look forward to adding another station to its dial in 2022.”

Senior vice president of Business & Strategic Partnerships Robert Becker and director of broadcast communications Marc Musgrove of The Durst Organization handled negotiations for Durst Broadcasting LLC with Robert M. Kessler, member, and Jean S. Tom, of counsel, of Rosenberg & Estis, P.C. representing The Durst Organization in the transaction.

Built by The Port Authority of New York and New Jersey and The Durst Organization in a unique public-private partnership, One World Trade Center looks to set a new standard of design, construction, and prestige. Bringing a wealth of private sector experience to One World Trade Center, The Durst Organization is responsible for marketing, leasing, and managing the property.

MORE FROM Brokerage

United Properties Corp. adds 380,354 s/f of Midwest retail to portfolio - reaching over 10 million s/f

East Meadow, NY United Properties Corp. has completed two significant retail acquisitions totaling $34.3 million across Ohio and Iowa. The portfolio has crossed 10 million s/f, boosted by 380,354 s/f of premier commercial shopping center space acquired in these purchases.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary