Deals

Disney Enters $650 Million NYC Deal for Offices at Hudson Square

  • Silverstein buys Upper West Side properties for $1.15 billion
  • ‘The View’ is among the ABC shows moving to new location
Photographer: David Ryder/Bloomberg
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Walt Disney Co. agreed to sell its offices on the Upper West Side of Manhattan and purchase rights to another site, which will become the entertainment giant’s new New York campus.

The company is selling its West 66th Street location and related buildings for $1.15 billion to Silverstein Properties Inc. and is acquiring 99-year rights for land at 4 Hudson Square from Trinity Church Wall Street in a separate transaction valued at $650 million.