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New HQ For News Corp In NYC?

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Rupert Murdoch's two global media companies News Corp and 21st Century Fox are investigating building new headquarters on the World Trade Centre site.

The New York Times has reported that the companies are looking at constructing a joint 88-storey skyscraper at the 2 World Trade Centre site at Vesey and Greenwich streets.

The move would complete the redevelopment of the complex that was destroyed on September 11 during terrorist attacks.

The newspaper stated that News Corp and 21st Century Fox were currently in discussions with the owner of the site, the Port Authority of New York and New Jersey and developer Larry. A. Silverstein. There are currently two office towers on the site (1 World Trade Centre opened in 2014 and 4 World Trade Centre opened in 2013), while 3 World Trade Centre is currently under construction. Mr Silverstein has the rights to build the fourth and final tower on the site.

News Corp and 21st Century Fox told TheWrap: “21st Century Fox and News Corp are each exploring options for their New York headquarters and the process is ongoing.”

The current headquarters for News Corp and 21st Century Fox is located at 1211 and 1185 Avenue of the Americas and houses 4,000 employees. The two companies include Fox News, The Wall Street Journal. If the two companies move to the World Trade Centre site, they would be neighbours with Conde Naste, The Daily News.

 

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Article originally posted at: https://theurbandeveloper.com/articles/new-hq-news-corp-nyc