CityRealty Insider > New Developments in the News

New Developments in the News

MAY 24, 2010

East Harlem Media Center breaks ground; Conde Nast shops for downtown digs.

Magazine behemoth Conde Nast has reportedly been looking at office space in the under-construction One World Trade Center and other nearby buildings including World Financial Center at Battery Park City and One Chase Manhattan Plaza. The publishing company’s lease at 4 Times Square expires in 2019. Conde employees have expressed reluctance toward giving up their spot at number four, especially regarding the Building Formerly Known as the Freedom Tower, which, they’ve heard, is haunted.

City officials have broken ground on what will become the East Harlem Media, Entertainment and Cultural Center. The $700 million, mixed-use project at the corner of 125th Street and Third Avenue will, upon completion, total 1.7 million square feet of commercial, residential, community and cultural space, including 600 residential units that will be earmarked as affordable and 50,000 square feet of below-market retail space reserved for locally-owned business. The new center will also host office space and a hotel.

ALSO IN NEW YORK CITY INSIDER

© 2024 CityRealty.com, LLC Powered by Leadkit Terms of Use Privacy Policy Site Map

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.

An equal housing opportunity

{"1":[40.775,-73.94,"East Side","_es"],"2":[40.79,-73.99,"West Side","_ws"],"11":[40.76,-73.98,"Midtown","_m"],"3":[40.736,-73.99,"Downtown","_d"],"13":[40.711309,-74.01,"Financial
District\/BPC","_fd"],"4":[40.682676,-73.973007,"Brooklyn","_b"],"12":[40.8444,-73.9376,"Upper Manhattan","_um"],"5":[40.7477089,-73.930411,"LIC \/ Queens","_qns"],"18":[40.8889782,-73.9025,"The Bronx","_bx"]}