TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Time Warner Center to Sell for $1.3 Billion

The Time Warner Center is about to be sold. The Wall Street Journal reports that Time Warner is nearing a deal with Related Companies to sell the building for $1.3 billion.

Time Warner’s goal since it asked Eastdil Secured to market the building in April has been to consolidate space. If the Related deal goes through, Time Warner would relocate to a building in Hudson Yards that Related plans to develop.

Time Warner Center, which has been open since 2003, was built by Time Warner for about $520 million.

Mediabistro Course

Freelancing 101

Freelancing 101Starting August 18, learn how to manage a top-notch freelancing career in our online boot camp, Freelancing 101! Through a series of weeklong webcasts, you'll hear from freelancing experts who will teach you the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and securing new clients. Register now!