Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 76 seats in Australia's parliament, which is comprised of 151 elected lawmakers.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
The house that Mickey Mouse built now owns property at 4 Hudson Square.
The Walt Disney Co. acquired the rights to develop a new headquarters on a Trinity Church-owned site.
The Burbank, California-based media conglomerate, tapping into all that "Avengers" money, plans to build a new headquarters in Manhattan after signing a a 99-year lease for $650 million.
The broadcasting company, which has had a presence in New York City for decades, will take up more than 1.2 million square feet.
Earlier this year, rumors swirled that ABC was considering an acquisition of 4 Hudson Square, which comes out to north of $800 per square foot (h/t The New York Post).
The deal comes just as ABC agreed to sell its current headquarters on West 66th Street to SIlverstein Properties for more than $1 billion. The broadcaster is expected to lease back the facilities from Silverstein for several years until the new Trinity building is ready.
The new headquarters is also expected to be modern and energy-efficient. It is bounded by Hudson, Varick, Vandam and Spring streets. Eastdil Secured represented Disney while Trinity was represented by CBRE.
“In addition to being LEED-certified for environmental responsibility and efficiency, the new building will also incorporate the latest technology as well as the ability to adapt to the next generation of technological advances, " Disney chair Robert Iger said, in a prepared statement.
Production from the Upper West Side’s WABC-TV headquarters along with Disney Streaming Services, which are currently filmed in Chelsea Market, will likely switch over to the Trinity location as well.
Chelsea Market is the massive office and studio space owned by Alphabet Inc.
“Good Morning America,” meanwhile, will remain in Times Square.
Meanwhile, Disney received government approval to go ahead with its blockbuster acquisition of the entertainment assets of 21st Century Fox.
Last month, the U.S. Department of Justice approved Disney’s $71 billion bid.
More from New York Business Journal: