CBS mulls sale of its West 57th St broadcast center
CBS is “eyeing” a momentous move from its longtime broadcast facilities on West 57th Street. Sources said the network, which merged with Viacom in 2019 into what’s now called Paramount Global, is expected to soon put out a request for proposals to solicit offers on two fronts.
One might be to sell CBS’s sprawling, 600,000 square-foot broadcast center on West 57th between Tenth and Eleventh avenues — the long-ago site of a dairy depot, where CBS has had a presence since the 1950s.
The RFP would also seek a new location in Manhattan for the network’s broadcast home.
The ideal scenario would be to find a single landlord to both buy the 57th Street enclave and lease or sell space it owns elsewhere to CBS for the net’s production needs.
CBS might not need as much space as it now has since several entertainment shows moved elsewhere.
But a relocation of any size would mark the end of an era for the network and for the far West Side.
CBS considered selling several times both before and after the Viacom merger.
CBS is considering selling its 600,000 square-foot broadcast center on West 57th between Tenth and Eleventh avenues. Drew Angerer/Getty Images
It most recently mulled a sale to raise cash in 2019, The Post reported, but sold its office headquarters tower known as Black Rock instead.
CBS senior vice-president for broadcast publicity Deborah Marcus didn’t get back to us.
Source: New York Post
