The Real Deal New York

Kushner relocating Observer HQ to FiDi

Media company will operate out of Rudin's 1 Whitehall Street

November 20, 2015 06:39PM
By Rich Bockmann

1 Whitehall Street and Jared Kushner

1 Whitehall Street and Jared Kushner

It was born in Arthur Carter’s townhouse on the Upper East Side, and in its second, slightly-faded avatar, operated out of an office building in Hell’s Kitchen. Now, the New York Observer, which gave rise to many of the city’s media luminaries, is moving Downtown.

The Jared Kushner-owned Observer Media Group is relocating to Rudin Management’s 1 Whitehall Street in Lower Manhattan, a source with knowledge of the company’s plans told The Real Deal.

It’s unclear how much space the company, which publishes the New York Observer, Commercial Observer and their online counterparts is taking at the property, which is located between Bridge and Stone streets. Representatives for the Observer Media Group declined to comment.

In 2010, the Observer moved into 13,000 square feet at 321 West 44th Street in Hell’s Kitchen, which Kushner owned until he sold the property to East End Capital in 2012. That property is now owned by Japanese firm Jowa Holdings.

Observer Media will join other publishers that have recently relocated or have made plans to move Downtown, including Condé Nast, Time Inc., News Corp. and Vox Media.