Condé Nast to Move Downtown

1 World Trade Center gets new tenant

It looks like Condé Nast will be giving creative street cred to 1 World Trade Center. After months of negotiations, The New York Times reports that the Port Authority of New York and New Jersey and the major glossy publisher have reached an estimated $2 billion deal on a 25-year lease agreement for the now infamous World Trade Center address.

Condé Nast will move 5,000 of its employees from a smattering of midtown office buildings to a sleek one million square-feet chunk of real estate on floors 20 through 41 of the new World Trade Center building.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in