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Old Posted Apr 16, 2012, 2:28 PM
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Join Date: Jul 2001
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Some potential here...

^ Yeah, we'll get to it. I expect Related to release a little more information on it at some point.


http://online.wsj.com/article/SB1000...455802118.html

Time Warner on the Prowl

Laura Kusisto
4/16/12


Quote:
Time Warner, which is searching for 4 million square feet of space, plans at last to send out its requests for proposals. The media conglomerate, which owns its offices in Columbus Circle and leases space at 1100 and 1271 Sixth Ave., is looking at a wide range of options for when the leases come due, according to multiple people familiar with the matter.

The company is weighing some 20 sites, the people said, including Hudson Yards, the World Trade Center, and other sites on the far west side owned by Sherwood Equities Inc., Brookfield Office Properties Inc. Extell Development Co.

Time Warner intends to have a deal for a new space or to stay in place by the end of the year, according to a person familiar with the process. That could be good news for developers like Related and Brookfield, which are scrambling to land a tenant so they can get major new projects off the ground.
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