- Category
- Defining Matters
- Date
- July 19, 2018
- Title
-
Kramer Levin Advises Disney in Sale of ABC Campus and Purchase of 4 Hudson Square
On July 9, 2018, Kramer Levin client The Walt Disney Company announced that is has acquired the rights to 4 Hudson Square for 99 years for $650 million. The site, owned by Trinity Church, features 1.2 million buildable square feet. 4 Hudson Square will house Disney’s New York operations, as well as office and production spaces for WABC-TV, ABC News, “Live with Kelly and Ryan,” “The View” and Disney Streaming Services.
Kramer Levin also advised Disney in the sale of its ABC campus, including nine buildings, on the Upper West Side for $1.2 billion to Silverstein Properties. The deal closed July 10, 2018.
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