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NJTV Signs Lease at 2 Gateway Center in Newark, N.J.

By: Nov. 24, 2014
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NJTV, New Jersey's public television network, and C&K Properties announced today that NJTV has signed a lease at 2 Gateway Center, C & K's Class A office building in the heart of downtown Newark. The 10,645 square-foot second floor concourse space will serve as the new location of the network's television anchor studio and home to the network's weeknight news program, NJTV News with Mary Alice Williams.

"NJTV's move to Newark marks a major milestone for the network," said Neal Shapiro, the President and Chief Executive Officer of WNET, operator of NJTV. "The new space allows growth in New Jersey public television's production facilities and access to community resources, while being positioned along the state's largest transit hub. This will greatly benefit NJTV's ability to deliver news and programming throughout the State."

"From this location at 2 Gateway, we can directly interact with the public we serve, as thousands of passersby will be able to literally look into our operations and see our team at work," said NJTV's General Manager John Servidio. "We also look forward to welcoming viewers into our space for special events, from program tapings to community gatherings to educational sessions."

"The relocation of NJTV's anchor studio to 2 Gateway is a direct reflection of our mission to provide a responsive, reliable, and technologically advanced tenant experience," said Ben Korman, Co-Founder and Principal of C&K Properties. "We look forward to building our relationship with one of New Jersey's great media institutions while continuing to provide superlative building connectivity and convenience."

NJTV delivers news, commentary, and documentaries to communities throughout New Jersey and the tri-state area both on-air and online. The non-profit affiliate of WNET, parent company of the award-winning THIRTEEN and WLIW21 stations and itself a non-profit, selected 2 Gateway for its anchor studio, identifying the building's superior logistics and infrastructure.

Part of Newark's 2.6 million-square-foot Gateway Complex, 2 Gateway Center is centrally located in the city's downtown business district along Market Street between McCarter Highway and Mulberry Street. Among its many benefits, 2 Gateway Center is connected to an enclosed pedestrian walkway leading to Newark Penn Station, where commuters can access NJ TRANSIT, PATH, Newark Subway, Light Rail, and AMTRAK lines. It is along this walkway that NJTV will have its studio, where 15,000 people pass every day.

NJTV's new space will house its NJTV News studio and office space as well as a community room for hosting public events and program productions.

About NJTV

NJTV, New Jersey's public television network, brings quality arts, education and public affairs programming to New Jersey and its tristate neighbors. NJTV presents such acclaimed PBS series as Nature, American Masters, Charlie Rose, and BBC World News America and a range of documentaries and children's programs. NJTV offers an array of local news and cultural offerings on air and online including American Songbook at NJPAC, On the Record with Michael Aron, Driving Jersey, NJDocs, Due Process, One-on-One with Steve Adubato, Classroom Close-Up NJ and State of the Arts. The network's flagship news broadcast, NJTV News with Mary Alice Williams, features stories from across the Garden State. NJTV complements its growing news staff by partnering with state-wide media and higher education institutions. NJTV is also a leader in connecting with viewers on emerging platforms, including the NJTV website where users can stream PBS content for free and local educators can find free, classroom-ready, digital resources.

About 2 Gateway

Part of Newark's 2.6 million-square-foot Gateway Complex, 2 Gateway Center is centrally located in the city's downtown business district along Market Street between McCarter Highway and Mulberry Street. Among its many benefits, 2 Gateway Center is connected to an enclosed pedestrian walkway leading to Newark Penn Station, where commuters can access NJ TRANSIT, PATH, Newark Subway, Light Rail, and AMTRAK lines. Tenants also have access to a wide array of on-site amenities, including a fitness center, banking facility, café and conferencing center.

2 Gateway's unique connectivity has also proven to be a strong draw -- recently achieving WiredScore's first Platinum certification in the state of New Jersey. A Platinum certification guarantees choices when selecting an Internet service provider, full distribution of fiber connectivity throughout the building, best in class infrastructure to ensure protection against service interruptions, and administrative best practices to streamline tenants' ability to get connected.

2 Gateway Center also provides an innovative Incentives Concierge Program through which brokerage professionals and companies can obtain free, customized analysis of the cost savings for prospective tenants under the New Jersey Economic Opportunity Act of 2013.

Currently, 2 Gateway Center is marketing leasing opportunities ranging from 3,000 to 360,000 square feet of ready-to-occupy Class A office space. For leasing inquiries or to obtain an incentives analyses from the Incentives Concierge, contact Dudley Ryan at (973) 437-2083 or by email at Dudley.Ryan@cbre.com.

About C&K Properties

Founded in 1989, C&K specializes in office and retail real estate investments in the New York metro area. C&K uses its local market knowledge; diverse functional expertise across construction, leasing, planning, valuation, acquisition, finance and research; an intensive, hands-on brand of asset management and the direct capital commitment of its principals to assure superior investment results. C&K also offers the same level of hands-on asset management as a third-party service provider for the benefit of non-operating, institutional owners of, or holders of security interests in, high-quality, mid-to-large scale, urban properties. For more information about C&K Properties, visit www.candkproperties.com.



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