Time Warner Casts Gaze at Far West Side

NEW YORK CITY-As it weighs a possible sale of its 1.1-million-square-foot headquarters space near Columbus Circle, Time Warner is looking west and south. A spokesman for the media giant tells GlobeSt.com that a Wall Street Journal report detailing his company’s tire-kicking in the Hudson Yards area is “basically correct.” The WSJ article notes that a decision is expected in June, and the spokesman notes that this has been the company’s general expectation, as well.

The scenario detailed in the WSJ report has Time Warner looking for about 1.3 million square feet, helping it to consolidate from 15 Manhattan locations, including its headquarters at the Time Warner Center. The Related Cos.’ Hudson Yards development, Brookfield Office Properties‘ Manhattan West and projects from the Moinian Group and Extell Development Co. all were on the itinerary, and Time Warner may seek one or multiple Far West Side locations.