Rupert Murdoch’s 21st Century Fox is reportedly on the hunt for a new headquarters.
The search is in very early stages and could result in Fox staying put at 1211 Sixth Avenue, sources familiar with the situation told Bloomberg News. Along with Murdoch’s News Corp., Fox News and other Fox operations occupy roughly half of the 2 million-square-foot building and employ about 2,500 people there, according to the news service.
Fox’s lease at the building expires in 2020. The building is owned by Beacon Capital and a partnership that includes Ivanhoe Cambridge and Callahan Capital Properties, according to Bloomberg.