An Open Letter To The Pacifica Community

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by Tracy Rosenberg

An Open Letter to the Pacifica Community

Since word has leaked out of some shall-we-say disagreements about the national board’s course of action, I’m going to take a moment to go over some of this. There is some obfuscation going on, in traditional Pacifica style, and at this point in time, the less of that the better. There are also some assertions being made that, at a minimum, need some back-up before being taken at face value. For ease of reading, I’m going to divide this into three broad sections, although some of the discussion will cross categories because the issues are inter-related. In broad strokes, the topics are a) Bankruptcy i.e. Chapter 11 Reorganization b) Summary Judgment and c) Swap/Sale of License
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After The Shoe Dropped

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Berkeley – To no one’s real surprise, a NY court ruled on October 4 that the Pacifica Foundation owed $1.8 million dollars plus attorney’s fees to the Empire State Realty Trust, the multimillion dollar real estate firm that owns the Empire State Building, where Pacifica has lodged WBAI-FM’s antenna since 1966. A 15-year contract signed in 2005, after the collapse of the World Trade Center, made antenna space in NYC a hot commodity, and featured soaring prices and a 9% annual escalation, which left the price of the rental by 2015 at more than 4 times the market value and in excess of $500,000 a year, a vast amount for a listener-sponsored radio station.

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