Tuesday, May 6, 2008

Newsweek Signs Lease For New NYC Office

NEW YORK - Newsweek is moving from midtown to downtown Manhattan.

The magazine has signed a lease for 163,000 square feet at 395 Hudson St., a 10-story office building just north of Houston Street.

The deal was announced Tuesday by the real estate giant Cushman & Wakefield.

The building is owned by the Carpenters Union Pension Fund. Newsweek will move from 1775 Broadway, where it has occupied nine floors for the past 15 years.

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