Time Inc., the magazine unit soon to be spun off from Time Warner Inc. (TWX), is considering leaving the Time & Life Building on New York’s Avenue of the Americas and moving its offices to lower Manhattan, three people with knowledge of the company’s plans said.
The publisher of such titles as Time, Sports Illustrated, People and Fortune is hunting for about 600,000 square feet (56,000 square meters) of space, according to the people, who asked not to be named because the details of the search are private and it’s early enough for Time Inc. to change course. The company has held talks with the landlords of Brookfield Place, 4 World Trade Center and the former Goldman Sachs Group Inc. headquarters at 85 Broad St, two of the people said...
Studley Inc. is representing Time Inc. in its lease discussions, the people said.
Time Inc. Said to Weigh Leaving NYC Time & Life Building
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