Clear Channel Moving To Tribeca

Radio empire Clear Channel Communications is consolidating five local offices and moving its nascent city headquarters to Tribeca next spring. The Texas-based company has signed a 15-year lease at the former AT&T building at 32 Avenue of the Americas.

Details on the deal — plus the future of the toy industry in New York City — in Wednesday’s debut of Commercial Breaks, The Observer‘s new commercial real estate column.

- John Koblin