The Pacifica Foundation announced today the settlement on a series of agreements that releases WBAI, the organization’s New York radio station, from a court judgement as well as the last two years of its lease at the Empire State Building as of May 31st, 2018. The Foundation is also in the final stages of completing an agreement to relocate its transmission facility to a new site nearby. The agreements and move will preserve Pacifica service to millions of people in the New York metro area.
The settlement, announced by the Pacifica national board, relieves Pacifica of a $1.8 million 2017 judgment for Empire State Realty Trust (the organization that operates the Empire State Building) and against WBAI and Pacifica, additional rent and penalties accrued since the judgment was issued, and any remaining obligations that would have incurred after May 31st 2018
