Posted on 09/14/2008 3:14:10 PM PDT by abb
The Star-Telegram will soon put its historic downtown office building up for sale as the newspaper continues to cut costs.
The move comes on the heels of the newspaper selling its four-story annex building, an adjacent parking lot and two other downtown parking lots Friday to the Fort Worth Club.
Walter Littlejohn, general manager of the Fort Worth Club, did not return phone calls Friday. But he said recently that the club will use the property for parking. There were about a dozen potential buyers for the property, at Taylor and Fifth streets.
Gary Wortel, the Star-Telegrams publisher, said that when the annex building went on the block, he received a couple of inquiries about the newspapers main building.
The newspaper, which has reduced its staff through attrition and layoffs in the past few months, is reassessing its space needs. Some positions that were cut were based at the newspapers offices in Northeast Tarrant County and Arlington.
Wortel said the building, at the northwest corner of Seventh and Taylor streets, is "bigger than we need" and may be too old to keep pace with rapidly changing industry technologies. But he acknowledged the buildings history.
"We want to assess interest level. If were going to move, we want to do it for the right reasons," Wortel said. "We wont move if it doesnt reduce costs and meet our strategic objectives related to consolidating other facilities."
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(Excerpt) Read more at star-telegram.com ...
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http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849771
‘OC Register’ for Sale?
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849756
UPDATE: ‘Wall St. Journal’ Closing Suburban-Chicago Plant
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849771
‘OC Register’ for Sale?
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849756
UPDATE: ‘Wall St. Journal’ Closing Suburban-Chicago Plant
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849771
‘OC Register’ for Sale?
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003849756
UPDATE: ‘Wall St. Journal’ Closing Suburban-Chicago Plant
That's one butt-ugly building.
For one butt-ugly paper. FW is a very conseritive town but you wouldn't knoe it from reading the one and only fishwrap. It's reads more like something out lower Manhatten or Frisco-Bay. It's only saving grace is "Mallard Duck" and its' comics page.
I only read the section of the Startlegram relevant to the city in which I live. Who cares about the rest of it?
Besides, that building is a dog. Back in my days as an art director, I had to go in that place occasionally on business, and I couldn’t believe that a real newspaper came out of that shabby, rinky-dink joint.
Unless they have moved, I toured that building in 1966, as a fifteen year old kid. My English teacher was a proof reader at the time. While we were in Fort Worth, we stopped by a shopping mall. I purchased the only single I ever owned that night. Strawberry Fields Forever and Penny Lane.
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