Time Warner Intends to Move to Planned Skyscraper at Hudson Yards
July 1, 2013

Time Warner Inc. has a tentative deal to move its headquarters farther west in Manhattan in what would be a major reshuffling meant to accelerate the long-awaited development of what is known as Hudson Yards while leaving Columbus Circle in the hunt for a defining corporate presence.

The company would move to an 80-story skyscraper to be built as part of the Hudson Yards project, at the railyards at 10th Avenue and 33rd Street, once an industrial neighborhood of warehouses, factories and tenements...

“They’ve found a new home,” said one executive who had been briefed on the Time Warner deal but was not authorized to discuss it, “and they found a winner for the old home.”

Time Warner hired the brokerage firm Studley to look for a new home, touching off a frenzy among the city’s top developers, including Boston Properties, Extell Development and Brookfield Properties.