Many may not know this, but the National Academy of Recording Arts and Sciences is the parent company of the Grammys. This typically is never brought up that is not until now. The rumors of the Grammys being held in New York in 2018 are starting to become more than that with the news that NARAS has bought a multi-million dollar property in Manhattan.
This mansion is valued at $13.5 million and was purchased earlier this week by them. This kind of news solidifies the rumors even more that we’ll see the Grammys in New York and not Los Angeles in 2018. The Grammys has been located at the Staples Center out in California since 2004.
The location of the mansion that was recently purchased by NARAS is 21 E. 37th St.
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