Mets Network SportsNet New York to Move to 4 World Trade Center

  • Will relocate headquarters and broadcast studio from Midtown
  • Wilpon also will move Sterling Equities to Silverstein's tower

SportsNet New York and Sterling Equities, both controlled by New York Mets owner Fred Wilpon, agreed to lease 83,000 square feet (7,700 square meters) for new headquarters at 4 World Trade Center in lower Manhattan.

SNY, the cable network that broadcasts the games of the reigning National League baseball champions, will occupy the skyscraper’s 49th and 50th floors, according to a statement from developer Silverstein Properties Inc. The space will include the network’s broadcast studio, which is now at the base of the Time & Life Building in Midtown. Rent for the 17-year lease wasn’t disclosed.

“This is a historic move,” Wilpon said in the statement. “Downtown has undergone a total transformation at the World Trade Center, and we’re excited to be involved.”

Four World Trade was the first skyscraperto open at the 16-acre (6.5-hectare) downtown site of the original twin towers, destroyed by terrorists in 2001. The 2.3 million-square-foot tower, whose leasing was jump-started by deals with the city and the Port Authority of New York and New Jersey, is now 65 percent spoken for, Bud Perrone, a Silverstein Properties spokesman, said in an e-mail.

Sterling Equities -- described on its website as a diversified group of companies whose holdings include the Mets, SNY and various real estate investment portfolios -- will also locate its headquarters there, along with Sterling Project Development, according to the statement.

SNY will join other media companies that have moved downtown, including magazine publisher Conde Nast, the anchor tenant at 1 World Trade Center. Time Inc. is in the process of leaving the Time & Life Building to relocate to nearby Brookfield Place. News Corp. and 21st Century Fox Inc. have signed a letter of intent to move their headquarters to 2 World Trade Center, a tower planned by Silverstein for the northeast corner of the site.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE