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Time Inc. Shopping for Large Space Downtown

NEW YORK CITY-The famed magazine publisher reportedly needs about 600,000 square feet and has looked at the World Trade Center, Brookfield Place and some other buildings.

By Rayna Katz | Updated on January 31, 2014

NEW YORK CITY-Time Inc., the magazine unit soon to be spun off from Time Warner, could be headed Downtown. The organization is considering a move from the Time & Life building at 1271 Ave. of the Americas to lower Manhattan, according to Bloomberg.com.

The publisher of such titles as Time, Sports Illustrated, People and Fortune is hunting for about 600,000 square feet of space. The company reportedly has held talks with the landlords of Brookfield Place, 4 World Trade Center and the former Goldman Sachs Group Inc. headquarters at 85 Broad St.

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