The overall plans for the site here are divided into two phases. The current project is phase one and another facility, a 200,000-sf office building, has not yet begun and ground will only be broken when CNBC decides it is needed. Both phases constitute a 500,000-sf project.
The building under construction now is made up of a 17,500-sf studio in column-free, 35-foot high space, 40,000-sf of technical support space, a fitness center, an employee dining area and office space. Part of the upcoming fit-out includes the installation of the studio-related technical equipment.
CDI/East's president and CEO, Alan T. Kessler, commented at the topping off, "We are delighted to have had the opportunity to offer this site to CNBC for development, and pleased to serve as developer for this state-of-the-art facility in what is one of the New York metropolitan area's most desirable locations."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.