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Ground Breaks for $1.7-Bil Time Warner Center

NEW YORK CITY-Along with television studios and 203 condominiums, the complex will feature a 249-room luxury hotel, a 1,000-seat concert hall, 193,000 sf of class A office space and 364,000 sf of retail space.

By John Howe | Updated on November 14, 2000

NEW YORK CITY-At ground-breaking ceremonies here today for the $1.7-billion Time Warner Center at Columbus Circle, Stephen M. Ross, chairman and CEO of the Related Cos. LP, one of the development partners, noted that the development, “will truly be New York City’s landmark for the 21st century.” The new headquarters of media giant AOL Time Warner, it will also house studios for CNN’s New York operations along with broadcast facilities for CNNfn and local cable station NY1.

The facility will feature two 750-foot tall towers together with clusters of smaller buildings and include the 249-room Mandarin Oriental hotel, 203 condominium apartments, 193,000 sf of class A office space, 364,000 sf of retail space and a concert hall for Jazz at Lincoln Center that will seat 1,100

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