fashion-memopad
fashion-memopad

Condé Nast's Wall Street Intent...Time Inc Shuffles...Newsweek's New Slogan

Condé Nast on Tuesday confirmed it’s getting ready to swap its touristy headquarters at 4 Times Square for the suits downtown in Wall Street.

1 World Trade Center

1 World Trade Center

Photo By Skidmore, Owings & Merrill.

GET THOSE SUBWAY MAPS OUT: Condé Nast on Tuesday confirmed it’s getting ready to swap its touristy headquarters at 4 Times Square for the suits downtown in Wall Street. A spokeswoman for the publishing company said a letter of intent has been signed for 1 World Trade Center, which means all employees will be packing up to move in about four years’ time. Condé Nast has been in search of new digs for a while: Back in 2007, the company explored a move to the West Side Railyards.

One can only assume the executives over on the 11th floor of 4 Times Square decided that a move away from Midtown — home to big advertisers, loyal brands and Lincoln Center, the new hub for fashion week — will pay off in the end, since magazine publishers now will be much farther from the action. Condé Nast reportedly will take up to 1 million square feet of the 2.9 million-square-foot tower, although the spokeswoman declined to comment further. The company earlier said the aim was to consolidate into one building all its various offices, which now are spread across at least three buildings in Midtown. — Amy Wicks

Page:  Next »
VIEW ARTICLE IN ONE PAGE
load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

LatestPublications
getIsArchiveOnly= hasAccess=false hasArchiveAccess=false