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The Walt Disney Company will be relocating their New York operation to a new building a 4 Hudson Square. They obtained a 99 year land rights deal with Trinity Church Wall Street whose involvement with the property goes back to a 1705 kand grant from Queen Anne. The deal is valued at $650 million. As part of the deal, Disney sold their current Upper West Side Campus to Silverstein Properties.

What They Are Saying:

  • Bob Iger, Chairman and Chief Executive Officer, The Walt Disney Company: “Today we’re announcing plans to build an incredible new state-of-the-art facility at 4 Hudson Square in downtown Manhattan that will ensure our employees have everything they need to do their best work and lead the way forward. In addition to being LEED-certified for environmental responsibility and efficiency, the new building will also incorporate the latest technology as well as the ability to adapt to the next generation of technological advances. 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. We are pleased and proud to be joining this exciting community and look forward to investing in the growth and development of the neighborhood.”
  • Rev. Dr. William Lupfer, Rector of Trinity Church Wall Street: “We are excited to welcome Disney to the vibrant and growing Hudson Square area. This is a significant development in Trinity’s centuries-long commitment to this neighborhood and to the area’s continuing growth and transformation. We’re especially pleased that the transaction will help further Trinity’s mission to serve the people of New York City and around the world through our programs and ministries.”

What Would Be Located at New Facility:

  • Offices and production space for WABC
  • ABC News
  • Live with Kelly and Ryan
  • The View
  • Disney’s Streaming Operations (BAMTech)

Other Notes Regarding the Move:

  • Disney will lease-back their existing facilities for up to 5 years as their new facility is being built
  • Good Morning America will continue to be broadcast from Times Square

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