El Paso, TX asked in Contracts, Employment Law, Estate Planning and Products Liability for Texas

Q: Is MTV Networks now officially headquartered on Broadway street?

Why was it moved from Avenue of the Americas?

1 Lawyer Answer
John Michael Frick
John Michael Frick
  • Frisco, TX
  • Licensed in Texas

A: MTV moved in 2009. According to news reports in 2009:

Landlord SL Green has put the space on the market, saying it could go retail or to another broadcast, but Viacom didn't renew the studio's lease. He told the paper, "We're taking it back from MTV at end of year. We're actively marketing it, and we think it will be the crowning touch of the retail development we've done since we bought the building." They note that the space lists "at $450 a square foot for the studio, and a whopping $1,000 a square foot for the 1,624-square-foot MTV store at street level, which must be taken with the studio space, for a total rent of $11.6 million a year."

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