FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

New York Times Building Sold: $525 Million

nyt_building_sale.jpg

Tishman Speyer is selling the NYT‘s old building on 43rd street to Israeli billionaire Lev Leviev for about $525 million, almost three times what the former company paid for the spot in 2004.

Unrelated to the sale, the paper is moving down the street to a beautiful new skyscraper. Sounds like a pretty good trade to us.

RELATED:

  • Maybe It’s Time For The Times To Start Covering Leview [Room Eight]
  • Mediabistro Course

    Middle Grade Novel Writing

    Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!