Fox News Unveils Nearly $30 Million Election-Night Studio

It caps a year of highs and lows for network

Jutting out toward Sixth Avenue in the 1973 skyscraper 1211 Avenue of the Americas is the newest and glitziest addition to Midtown Manhattan. After a year-long transformation, a former Charles Schwab branch and FedEx Kinkos store has become Fox News Channel's Studio F.

And Tuesday night, millions of TV viewers will see what it can do.

Planning for the space, which has been vacant since 2012, began last fall. And even with the tumult inside Fox News—a sexual harassment lawsuit filed by former anchor Gretchen Carlson which led to the stunning resignation of network co-founder and CEO Roger Ailes—construction continued unabated with an election-night deadline looming.

"The thing about what happened this summer," said 20-year Fox News veteran Jay Wallace, now evp of news, "We really didn't have an option to stop.

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