trending Market Intelligence /marketintelligence/en/news-insights/trending/dZhWi5GPv2NaBgwbU9L-4Q2 content esgSubNav
In This List

WarnerMedia to sell, lease back Manhattan, NY, headquarters

Blog

Essential IR Insights Newsletter Fall - 2023

Blog

Equity Issuance Ticks up in Q3 while IPO Activity Remains Sluggish

Blog

Artificial Intelligence Adoption and Investment Trends in APAC

Podcast

Master of Risk | Episode 6: Masters of Risk-Jennifer Reynolds


WarnerMedia to sell, lease back Manhattan, NY, headquarters

Media and entertainment company WarnerMedia is looking to sell its stake in its future headquarters at 30 Hudson Yards in Manhattan, N.Y., but does not plan to abandon the building, The Wall Street Journal reported.

The company, which was known as Time Warner Inc. before its acquisition by AT&T Inc. in 2018, is eyeing approximately $2 billion from the sale of the 1.4 million-square-foot office condominium, the publication added, citing broker Cushman & Wakefield. WarnerMedia also aims to sign a lease of about 20 years with the new owner, the report added.