Time Inc. Announces Plans To Relocate Downtown To Brookfield Place

by Dena Silver

Condé Nast will have some glossy neighbors when they move downtown: Time Inc. has just announced plans to relocate their offices to Brookfield Place in the Financial District, right across the West Side Highway from Conde’s upcoming 1 World Trade Center digs. Their bevy of publications will be vacating their current Midtown space in the Time & Life Building at 1271 Avenue of the Americas. Their new offices will be located at 225 Liberty Street, with six floors and 700,000 square feet to be dedicated to Time Inc.’s publications, which include People, People StyleWatch, Time, InStyle, and the titles it acquired from American Express Publishing, like Departures, Travel + Leisure, and Food & Wine. “Finance comes uptown, media goes downtown. Funny, no? Look at it this way, at least it’s not New Jersey. Even though I must admit, the name Brookfield Place does sound rather Brave New Suburbia-ish,” Departures editor-in-chief Richard David Story told The Daily of the impending move. As for Travel + Leisure EIC Nancy Novogrod, the shift in scenery is good news indeed: “I love the idea—the light, the air, being near the river. Most of all, the chance to feel like we’re part of an energetic and re-emerging area of the city is really thrilling.”  Time Inc. will be spinning off from its parent company, Time Warner Inc., on  June 6th; however, their downtown move won’t happen until 2015. We’re guessing Hearst will eschew the southern migration and stay put in their glassy global HQ, the base of which dates back to the company’s earliest days. But for most of the masthead set, Midtown seems to be fini…

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