At&T Sells WarnerMedia Hudson Yards Space to Pay Down Debt

At&T has cut a deal to sell and lease back its WarnerMedia office space in New York’s glitzy Hudson Yards development for $2.2 billion to help pare down its enormous debt load.

At&T said Tuesday it has set a deal to sell its office space at 30 Hudson Yards to an affiliate of Related Companies, the developer of the 14-acre Westside residential and retail development that opened with great fanfare in March.

At&T said it has struck a long-term lease with Related Companies to keep WarnerMedia on the site through early 2034. WarnerMedia properties in New York are in the
See full article at Variety - TV News »

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