Disney Enters Into $650 Million NYC Deal for Hudson Square Offices

0
108

The Walt Disney Company is looking to move it’s New York City Offices to a new location at Hudson Square.

Recently, Disney has agreed to sell their current offices on West 66th Street in Manhattan’s Upper West side to Silverstein Properties Inc. for 1.15 billion. They are currently securing a separate contract for “99-year rights for land at 4 Hudson Square from Trinity Church Wall Street” for a new location, at a cost of $650 million.

Bob Iger, CEO of the Walt Disney Company, announced the changes yesterday stating:

This move represents an historic step forward toward our long-term vision for our New York operations. The Hudson Square district is rapidly becoming a dynamic, innovative hub for media, technology and other creative businesses.

The new plans will allow Disney to build a new cutting edge facility, while consolidating most of it’s New York television productions. This will be the new home for ABC News shows (except Good Morning America, which will remain at Times Square,) WABC- the local affiliate, and the upcoming video-streaming service.

ADVERTISEMENT. Article continues below.



Overall it’s kind of exciting. I look forward to seeing their new “high-tech” building. I’m sure it will streamline production and costs for the company.

What do you think? Comment and let us know!

Sources: Bloomburg, The Wall Street Journal

 

ADVERTISEMENT. Article continues below.




Wanna go to Disney?
We recommend Academy Travel, a Disney Platinum Earmarked agency. Walt Disney World, Disneyland, Disney Cruise Line, Adventures by Disney, Universal Orlando Resort, Sea World and more -- they can do it all, and at no extra cost to you! Fill out the form below or call 609-978-0740 today!


If Children are traveling with you, what will their ages be at the time of travel?
If staying on property, which hotel would you prefer to stay at? Or you can specify Value, Moderate or Deluxe.
Packages offer guests an alotted amount of meal credits plus 2 snack credits per day, plus refillable Resort mug for each guest. Please note this is an upcharge.
How many days will you be spending in the Parks?
Adding Park Hoppers to your Walt Disney World tickets allows you to visit more than one Disney park in one day. Please note that this is an upcharge.
Admission to the Water Parks are not included in base ticket option. Please note that this is an upcharge.
If you plan on participating in a runDisney event during this trip, please let us know!
If you have booked a vacation with an Academy Travel agent in the past, please let us know who. If not, please leave blank.
Please give us any additional details that will make it easier and faster for us to Quote you! This can include requests for special ticketed events, other special requests, accommodations, celebrations etc. Help us help you make the most of your stay! You can also call (609) 978-0740 and mention this form on The Kingdom Insider.
Disney has been a big part of my life for years--from family trips to WDW to growing up on Disney classics, TV, and movies. I'm a mom and an art teacher. I love to share my love for Disney and I'm also a co-host of the Disney fan podcast Pirates and Princesses (PNP.) Opinions, like my freckles, are all mine.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.