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New York Times to Sell Its Headquarters
yahoo.com ^ | Nov. 9, 2004 | reuters

Posted on 11/09/2004 8:19:21 AM PST by crushelits

NEW YORK (Reuters) - New York Times Co. (NYSE:NYT - news) will sell its midtown Manhattan headquarters building to a partnership led by Tishman Speyer Properties for $175 million, the companies said.

The sale is expected to close before the end of the year, although N.Y. Times Co. will remain in the building as a tenant until its new headquarters are ready in 2007, according to the announcement made on Monday.

After the N.Y. Times Co. moves out, Tishman Speyer said it plans to convert the facility into an office building.

N.Y. Times Co., publisher of the flagship New York Times newspaper as well as the Boston Globe, has been based at the West 43rd Street building since 1913. Its new, 52-story high-rise building will be located a few blocks away.


TOPICS: Front Page News
KEYWORDS: headquarters; newyorktimes; sell
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1 posted on 11/09/2004 8:19:21 AM PST by crushelits
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To: crushelits

Sell NYT.


2 posted on 11/09/2004 8:20:33 AM PST by Brilliant
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To: crushelits
New York Times to Sell Its Headquarters

If they sold their hindquarters instead, theere wouldn't be anything left.

So9

3 posted on 11/09/2004 8:21:17 AM PST by Servant of the 9 (What I just said.)
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To: crushelits

They sold out years ago.


4 posted on 11/09/2004 8:22:27 AM PST by Question Liberal Authority (THANK YOU, FREEPERS for re-electing President George W. Bush!)
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To: crushelits

Moving further Left?


5 posted on 11/09/2004 8:22:37 AM PST by EA_Man
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To: crushelits

Well, they have already sold their souls...


6 posted on 11/09/2004 8:24:48 AM PST by RockinRight (American voters have spoken to Bin Laden. They said "screw you!")
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To: crushelits

What's that again? It will be converted into the Museum of Biased, Slanted, Advocacy Journalism?


7 posted on 11/09/2004 8:25:06 AM PST by Melinda
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To: crushelits

8 posted on 11/09/2004 8:26:11 AM PST by Grampa Dave (FNC/ABCNNBCBS & the MSM fishwraps are the Rathering Fraudcasters of America!)
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To: crushelits

the building should be exorcised.


9 posted on 11/09/2004 8:30:54 AM PST by KOZ. (Reducing liberalism from a threat to a mere nuisance. Just like prostitution.)
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To: crushelits

"Its new, 52-story high-rise building will be located a few blocks away".................in America? Damn!


10 posted on 11/09/2004 8:30:59 AM PST by sodpoodle (sparrows are underrated)
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To: crushelits

Are they moving to France? (I hope!)


11 posted on 11/09/2004 8:35:11 AM PST by Ronin (When the fox gnaws....SMILE!)
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To: crushelits

Its new, 52-story high-rise building...

Sounds like fitting an evening gown on a pig.

12 posted on 11/09/2004 8:38:47 AM PST by Zon
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To: crushelits

maybe there getting bought out by PRAVDA


13 posted on 11/09/2004 8:42:54 AM PST by arly
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To: crushelits

Where will all the hookers, lying reporters, drug addicts, sleazy editors and other low-lifes go?


14 posted on 11/09/2004 8:58:24 AM PST by Tacis (Kerry - You Can't Make A Silk Purse Out Of A Lazy, Lying, Elitist Scumbag!)
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To: crushelits
"We all know what you are, madam, what we need to establish, is your price."
15 posted on 11/09/2004 9:00:43 AM PST by zerosix
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To: crushelits
>>>New York Times to Sell Its Headquarters <<<

Now if we could just get the UN to do the same thing.

16 posted on 11/09/2004 9:06:22 AM PST by HardStarboard (Surrounded by Kerry/Edwards Signs in Washington State)
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To: All

I think I saw a report on one of the tv mag shows that the NYTimes actually acquired the land for its new headquarters through eminent domain. What a surprise.


17 posted on 11/09/2004 9:07:18 AM PST by New Girl
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To: crushelits

Didn't the OldGrayWindbag have the city of Manhattan kick out honest small business owners so that she could use their property?


18 posted on 11/09/2004 9:07:41 AM PST by saveliberty (Liberal= in need of therapy, but would rather ruin lives of those less fortunate to feel good)
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To: crushelits
Good. They'll be down the tubes before we know it.

No one is going to pay the price they charge for that piece of fiction just to wrap coffee grounds and fish heads in.

19 posted on 11/09/2004 9:07:45 AM PST by JesseHousman (Execute Mumia Abu-Jamal)
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To: crushelits

on the ropes, perhaps?


20 posted on 11/09/2004 9:14:09 AM PST by the invisib1e hand (if a man lives long enough, he gets to see the same thing over and over.)
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