Worldwide Plaza Confirms Recapitalization Plans

worldwide-plaza

Worldwide Plaza will definitely look to recapitalize, following several months of lingering on the auction block. Sellers, George Comfort & Sons and RCG Longview, had purchased the building – located at 825 Eighth Avenue – in 2009 for just under $600 million.

“The truth of the matter is that they have decided on a recapitalization Read More

WNET Looks to Go Dark at 450 West 33rd Street

Channel 13 has hired a broker to dispose of its cavernous offices on the far West Side, and to find it new offices that measure roughly half the size of the old ones.

Right now, Channel 13, also known as WNET, produces public TV like Worldfocus and Bill Moyers Journal in its 200,000-square-foot studios and Read More