Rolling Stone publisher drops plans to move to BK

Wenner Media was considering taking 50K sf in Dumbo

TRD New York /
Mar.March 23, 2017 02:00 PM

1290 Sixth Avenue and Gus Wenner (Credit: Getty Images)

Wenner Media, publisher of Rolling Stone and Men’s Journal magazines, nixed its plans to relocate to Dumbo, opting to remain in Manhattan’s Plaza District.

The publisher is based at Vornado Realty Trust’s TRData LogoTINY 1290 Sixth Avenue, but was in talks to take as much as 70,000 square feet at new office complex Empire Stores.  Those plans have now been scrapped, Gus Wenner, who runs the company’s online operation, told Bloomberg.

The publisher is finalizing a $100 million deal to sell Us Weekly to American Media, and with fewer employees, the relocation is no longer necessary.

Last year, advertising firm 72andSunny signed for 50,000 square feet at Empire Stores. Earlier this month, BIG-Bjarke Ingels Group formalized its plans to move to Dumbo, inking a 50,000-square-foot lease with Two Trees Management’s 45 Main Street.  [Bloomberg]Miriam Hall


Related Articles

arrow_forward_ios
An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

An aerial view One World Trade Center in Lower Manhattan (Credit: iStock)

On anniversary of 9/11, the World Trade Center office market is now helping propel Downtown

Clockwise from top left: 733 Third Avenue, 24-01 44th Road in Long Island City, 83 Maiden Lane, and 1745 Broadway (Credit: Google Maps)

These were NYC’s top office leases in August

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

arrow_forward_ios