American Media Relocating to 4 New York Plaza
Tom Acitelli June 21, 2010, 7:54 a.m.
American Media Inc., publisher of, among others, one-time Pulitzer favorite The National Enquirer, will relocate its New York City hub from One Park Avenue to 4 New York Plaza in downtown. American Media will take 85,000 square feet in the skyscraper between Water and Pearl streets. That’s nearly double the amount of space the publisher has at One Park.
The New York Post‘s Lois Weiss reported rumors of the move earlier this month, and The Commercial Observer‘s Jotham Sederstrom confirmed the move during his reporting for a profile of James Emden of Colliers International, one of the brokers on the deal. (The profile will be published Tuesday.)
“I think they’re going to put us down by the water,” National Enquirer executive editor Barry Levine said in a recent GQ article that described the publisher’s current One Park digs as akin to a FEMA trailer. “By the wharf. Where the rats are even bigger.”