The Real Deal New York

Time Warner Cable ditches Manhattan for Connecticut

Firm not renewing two-floor digs at Related’s Time Warner Center

June 28, 2016 10:18AM

The Time Warner Center (inset from top: Thomas Rutledge and Stephen Ross)

The Time Warner Center (inset from top: Thomas Rutledge and Stephen Ross)

Time Warner Cable has opted not to renew its expiring 75,000-square-foot lease at Related Companies’ Time Warner Center.

Instead, the cable provider is set to relocate to Stamford, Connecticut, where its new parent company Charter Communications is headquartered, the New York Post reported.

JLL’s Peter Riguardi and Related’s Stephen Winter are marketing the space on the 16th and 17th floors – the Time Warner Center’s first office vacancy since 2003.

Time Warner Cable, once a part of media conglomerate Time Warner, was spun off as a separate company in 2009 and sold to Charter earlier this year. Time Warner, the former parent company, still leases space in its namesake center, but is set to move to Related’s 30 Hudson Yards in 2019. [NYP]Konrad Putzier

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