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Article: Wall Street Journal moving to midtown?(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- May 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A New York Observer article reports that the Wall Street Journal is seeking 150,000 SF of office space in midtown as the paper's parent company, Dow Jones, considers vacating Downtown.
The paper's 7-floor lease inside the World Financial Center comes due in 2005, and Dow Jones is now trying to sublease half of that space.
The article quoted a "source" saying that "they (the Wall Street Journal) want to get out of Downtown."
Another rumor reported in the article is that the Journal will move to a new HQ at 55 Water Street. But a Dow Jones spokesman said that the company intends to bring all of its employees back to the WFC as soon as July.
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