The New York Times Building

The New York Times Building is a skyscraper on the west side of Midtown Manhattan that was completed in 2007. Its chief tenant is The New York Times Company, publisher of The New York Times as well as The Boston Globe, the International Herald Tribune, and other newspapers. Construction was a joint venture of The New York Times Company, Forest City Ratner Companies—the Cleveland-based real estate firm redeveloping the Brooklyn Atlantic rail yards—and ING Real Estate.

Planning and development

The project was announced on December 13, 2001, entailing the erection of a 52-story tower on the east side of Eighth Avenue between 40th and 41st Street across from the Port Authority of New York & New Jersey Bus Terminal. The project was announced shortly after the Hearst Corporation was given approval to construct a tower over their landmark six-story headquarters along the west side of Eighth Avenue, between 56th and 57th Streets. In conjunction with the Hearst Tower, the site selection represents the further westward expansion of Midtown along Eighth Avenue; a corridor that had seen no construction following the completion in 1989 of One Worldwide Plaza.

In addition, the new location keeps the paper in the Times Square area, which was named after the paper following its move to 42nd Street in 1904. The New York Times Company had most recently been located at 229 West 43rd Street.

The site for the building was obtained by the Empire State Development Corporation (ESDC)...
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