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NEW YORK CITY - Television legend Bill Moyers is moving his production company and the foundation he heads to a high-end pre-built on the seventh floor at W&H Properties' 250 West 57th Street, announces Fred C. Posniak, senior vice president of W&H Properties.
The 6,327-square-foot space will house Public Affairs Television Inc. and the Schumann Center for Media & Democracy, both of which are currently based at 450 West 33rd Street. Occupancy is expected to begin in July.
Mr. Moyers, one of America's foremost journalists and press secretary to former President Lyndon B. Johnson, established Public Affairs Television in 1986. He is also the president of The Schumann Center for Media and Democracy, a foundation that seeks to renew the democratic process through cooperative acts of citizenship, especially as they apply to governance and the environment.
"250 West 57th Street has a long tradition of attracting prominent media and entertainment companies to our tenant roster," says Mr. Posniak. "Bill Moyers will feel very comfortable here."
James DeLuca of Cushman & Wakefield represented the tenant in the lease negotiations. Barry Zeller and George Fabian of Cushman & Wakefield represented the landlord.
Located along the convenient 57th Street corridor, and just steps from the Time Warner Center, Carnegie Hall, Lincoln Center, and Central Park, 250 West 57th Street comprises 26 stories and 535,000 square feet of modern office space. It offers direct in-building access to the Time Warner Center/Columbus Circle subway station, serving the A, C, B, D and 1 subway lines, and immediate access to all major bus lines.
The property's recently completed $82 million upgrade program includes a renovated lobby, renovated elevator cabs, new windows, renovated air-conditioned public corridors and restrooms, and upgraded building-wide systems, including state-of-the-art electrical, plumbing, HVAC and security.
Part of the W&H Properties’ Pre-War Trophy office portfolio, 250 West 57th Street is supervised by Malkin Holdings LLC, one of New York City's most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.
Available space includes W&H portfolio high-end pre-built suites from 2,500 to 4,700 square feet and build-to-suit spaces up to 10,600 square feet.
Broker commissions are paid in full at lease signing.
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