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Time Heads to Brookfield Place

NEW YORK CITY—After months of speculation, the media firm has signed a long-term, large lease for the Downtown location that will start in 2015.

By Rayna Katz | Updated on May 22, 2014

NEW YORK CITY—Brookfield Office Properties has landed a big fish.

Time Inc. has agreed to relocate its headquarters to Brookfield Place,  in Lower Manhattan, late next year. The media giant signed a long-term lease to occupy six floors and 700,000 square feet of office space at 225 Liberty St. The company’s headquarters have been at the Time & Life Building at 1271 Ave. of the Americas, at 50th street, since 1959.

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