International Circuit
CBS chief confirms potential sale of broadcast center as major developers show interest
CBS Entertainment president and CEO George Cheeks confirmed that the company is mulling both a sale of its sprawling West 57th Street Broadcast Center and a move to a different Manhattan location — as we exclusively reported last week.
Cheeks wrote the next day in an internal memo to staff that was obtained by The Post’s Alexandra Steigrad, “It is true that the company has retained a real estate consultant to evaluate selling the BC and to identify a new home for our teams there.”
Although the memo wasn’t meant for outside consumption, it was a refreshing departure from the common practice of telling employees that accurate press reports about corporate decisions were all wrong.
Cheeks told his troops that CBS was “in the early stages of this process” and a timeline for any “potential sale, design and build of a new facility and an eventual move is very hard to predict.”
But a source told us that at least three major commercial developers/landlords have expressed preliminary interest in making a deal with CBS. New York Post