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Here’s a press release from NewTV..

NewTV has purchased its office and studio space at 23 Needham Street. Faced with escalating lease rates due to market trends, Executive Director Robert S. Kelly, and the NewTV Board of Directors opted to buy the condo suite to alleviate immediate and long-term rent increases. Securing the space allows NewTV to continue to provide media services to the Newton community for many years to come.

NewTV has leased space on Needham Street since moving there from Lincoln Street in 2006. In 2013, the organization completed a build-out to expand the facility, adding a professional training center including iMac workstations outfitted with the most current software, a green room, edit suites and a 42-seat screening room. The facility is also equipped with an HD studio featuring an updated lighting grid and a customized control room. With an eye to the future, NewTV’s 10,000 square foot media center will accommodate the growing needs of its members and clients for many years to come