Landlords of 1211 Avenue of the Americas appear poised to have a significant amount of space available. Rupert Murdoch's media brands, which operate through Fox Corp. and News Corp., are expected to trim their footprint at the Midtown office property by nearly 330,000 square feet, according to a report from Crain's New York Business.
Both Fox and News Corp operate independently under the ownership of the Murdoch family. The two entities contain major news outlets: Fox News, The Wall Street Journal, the New York Post, and MarketWatch.
It's unclear what brands intend to vacate space at the property and whether they will move to another building.
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