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NBC. GENERAL ELECTRIC. CITY
Donald Trump and the General Electric Co. are discussing a dealthat would bring GE back to New York as the sole corporate tenant ofthe world's tallest building, which would be the showpiece of Television City, the developer's mega-project on Manhattan's West Side.
Trump, who confirmed that a GE relocation to Television City is under discussion, would not detail his offer. But a source close to the negotiations said Trump had offered the corporation, which owns the NBC network, more than 2 million square feet of office space at cost and the chance to put GE's or NBC's name on the planned 150-story skyscraper designed to top the 1,454-foot Sears Tower of Chicago.
New NBC studios and production facilities would be built across the street from the tower, proposed for an extension of West 61st Street on the old Penn Central rail yards. The source said the deal included 1 million square feet of office space for Kidder, Peabody & Co., in which GE has an 80 percent interest.
A GE spokesman at the corporation's Fairfield, Conn., headquarters would neither confirm nor deny that such...