Friday, August 22, 2014

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Time Warner Plans to Move to 30 Hudson Yards

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TWC News: Time Warner Plans to Move to 30 Hudson Yards
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Time Warner announced plans Thursday to leave the Time Warner Center.

The media titan says it sold the 1.1 million square feet of office space it owns in the Columbus Circle landmark to a group that includes Related Companies, the same group that's now working to build its new headquarters at the far West Side development Hudson Yards.

Time Warner says it plans to lease the space until early 2019.

It then plans to move brands like HBO and Warner Brothers, as well as 5,000 workers, to 30 Hudson Yards, a planned eighty-story skyscraper at 33rd Street and 10th Avenue.

Related Companies and Oxford Property are now building Hudson Yards, which is said to be the largest private real estate development in U.S. history and the largest development in the city since Rockefeller Center. ClientIP: UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP