On Friday, October 6, 2017, Pacifica lost a $1.8 million settlement over what they claimed was price gouging by Empire State Realty Trust (ESRT), which had been raising antenna rental charges for WBAI at 9% per year for the last 12 years under a 15-year lease WBAI signed in 2005 that did not expire until 2020. The rent was set at more than half a million dollars annually, which Pacifica claimed was approximately 4 times the current market rent for Midtown Manhattan antenna rentals. Pacifica Radio's WBAI has housed its transmitter on the Empire State Building since 1966. The 9% annual rental increases were facilitated by the destruction of the twin towers on Sept. 11, 2001, which dramatically reduced space available for comparable antennas. The ruling encumbered all of Pacifica's assets including KPFA and KPFB in Berkeley, KPFK in Los Angeles, WPFW in Washington, DC, and KPFT in Houston in addition to WBAI in New York City but does not affect the assets of any of its affiliates. On April 6, 2018, The Pacifica Foundation announced the settlement on a series of agreements that release WBAI, the organization's New York radio station, from a court judgment as well as the last two years of its lease at the Empire State Building as of May 31, 2018. The Foundation later completed an agreement to relocate its transmission facility to a new site nearby.