New York Times To Sublease 160k SF At 1271 Sixth Ave.
The New York Times will be subleasing from another media company that also has “Time” in its name.
The Gray Lady has signed a sublease with Time Inc. for four floors covering 160k SF in the old Time & Life building at 1271 Avenue of the Americas, The Real Deal reports.
Time Inc. left the building for its current space in Lower Manhattan at the end of 2015. Its lease is good through the end of this year.
In December, the Times announced it would sublease at least eight full floors of its 1.8M SF HQ building on Eighth Avenue as it shrinks its footprint and modernizes its space.