John Koblin of The Observer is reporting that Rupert Murdoch is planning on moving some The Wall Street Journal offices out of the financial district and into the midtown NewsCorp building by year's end:

''Editors and reporters at the paper have been discussing the possible move for some weeks now, but word hasn't gotten out. The source said that under the plan the editorial department would move into the News Corp building, while some business offices and other parts of Dow Jones would remain at the World Financial Center. One hang-up, said another newsroom source, was how News Corp. would reallocate space since News Corp. headquarters at 1211 Avenue of the Americas are already filled to capacity.''

The full article here.

(image via foreignpolicy)