RDA May Exit Westchester County HQ for NYC Digs
Employees at bankrupt Reader’s Digest Association employees may have to leave their cushy digs near Pleasantville, N.Y., as a result of a restructuring effort now underway.
An RDA spokesman confirmed the company is looking at locations elsewhere, which could include the two New York City addresses where RDA already has offices, at 260 Madison Ave. and on East 34th Street. Given the city’s high real estate occupancy rate, its timing could be worse.
“We are considering all of our options concerning our space needs and haven’t made a final decision,” the rep said.
The 1939 sprawling, Georgian-style headquarters seems out of sync in the cost-cutting climate of publishing today.
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