Back in the United States, Pacifica Foundation, the owner of radio stations KPFA, KPFK, KPFT, WBAI and WPFW, faces potential asset seizures by New York City landlord Empire State Realty Trust beginning this week. The threat of asset seizures stems from a lawsuit won by Empire State Realty Trust against Pacifica Foundation for $1.8 million in back antenna lease payments owed by the network’s New York City station WBAI. WBAI’s antenna sits on the Empire State Building. Among the assets at risk are California properties that house Pacifica Foundation’s headquarters and its Berkeley station KPFA. Pacifica Foundation is the oldest listener-supported radio network in the country. It was founded in Berkeley, California, in 1949 by war resister Lewis Hill.
Pacifica Foundation Faces Potential Asset Seizures by NYC Landlord
HeadlineJan 08, 2018
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