Top Ten Videos to watch

A Man Operating A Tv Camera
Maurice White
March2Justice
'News One Now' With Roland Martin Taping
Bill Cosby
Activists In Los Angeles Gather To Burn Likenesses Of The Confederate Flag
Flint Firebirds V Windsor Spitfires
CBC Message To America: Rep. Conyers Addresses The Damage Inflicted On Our Communities By Poverty, Mass Incarceration And Lack Of Economic Development
Iowa Caucus Ted Cruz
NewsOne Now NAACP Image Awards Preview
Student sitting at a desk in a classroom
Slavery Stock image
The 16th Annual Wall Street Project Gala Fundraising Reception
Ava DuVernay
Roland Martin Blasts Stacey Dash For Comments About BET, Black Networks
President Obama Delivers State Of The Union Address At U.S. Capitol
Ava DuVernay
2016 North American International Auto Show
Democratic National Committee Presidential Primary Debate
88th Oscars Nominations Announcement
Democratic debate
Dream Speech
GOP Presidential Candidates Debate In Charleston
US President Barack Obama speaks on the
24593149
2011 Winter TCA Tour - Day 5
LOS ANGELES, CA - FEBRUARY 18, 2015: Two wooden stand-in Oscar statuettes are ready to be taken on
Woman Holding Dollars - Isolated
President Barack Obama Delivers His State Of The Union Address
Leave a comment

Harpo-Studios

Oprah Winfrey, who built the famous production studio Harpo, may be getting out of the landlord business as she has reportedly enlisted the services of a real estate company to evaluate options, according to the Chicago Sun-Times.

SEE ALSO: Jury Rejects Case Linking Company To Michael Jackson’s Death

Eastdil Secured LLC, a 40-plus-year-old pre-eminent real estate investment company, has reportedly been hired by Harpo Inc. to weigh various options, including a possible sale or the leasing of a portion of the sprawling four building campus, in order to consolidate operations into one or two structures.

Oprah purchased the 88,000-square-foot complex back in 1988, even though it was located in a then-blighted and desolate community.  Since then, the entrepreneurial millionairess has expanded the campus to more than 170,000 square feet of studios and office space combined.

The once-skid-row neighborhood where the studio stands is now a thriving hub with restaurants, chic loft office spaces, boutique hotels, and even Google Inc. has set up shop in the area.  Thanks to Harpo, the near West side area’s real estate values have skyrocketed, according to property experts.

When Oprah’s talk show faded in to black two years ago, Harpo studio operations cut back as well, although its employees still use a few of the buildings to produce content for her OWN network productions.

Besides the contemplation of a sale or leasing off of Harpo properties, Oprah is also reportedly planning to unload her Chicago home to move into a smaller residence, an unnamed source told Chicago Real Estate Daily.

Harpo studios will be actively marketed starting in about two weeks a source told the Chicago Sun-Times.

SEE ALSO: Robin Quivers Is Back On Howard Stern Show After Long Cancer Battle

Also On News One: