Magazines on the Move (Physically)

Add Meredith to the list of publishing companies that are considering abandoning Midtown Manhattan.
The publisher of mainstays like Better Homes and Gardens and Family Circle is looking for new space after 15 years in the neighborhood. Meredith’s corporate sales and some of its titles are housed at 125 Park Ave. while most of its editorial operations for magazines including Family Circle, Ladies’ Home Journal and Parents toil two blocks away at the grungier 375 Lexington, a vestige of its 2005 Gruner + Jahr purchase.
A rep said Meredith is looking at its existing as well as other locations that can accommodate all its employees in one place.
Elsewhere in magazine-land, Condé Nast reportedly is considering a move from its Times Square base to the World Trade Center when that tower is completed. Tabloid publisher American Media, now at 1 Park Ave., has been eyeing space downtown at 4 New York Plaza. And ESPN The Magazine is moving in fall 2011 to Bristol, Conn., from 34th Street, Fishbowl reported.
Not all are sour on Midtown, though. Reader’s Digest Association is vacating its suburban NYC Georgian-style headquarters for more conventional office space at 750 Third Ave. And Elle parent Hachette Filipacchi Media is preparing to move across town to the Time & Life Building in August, from 1633 Broadway.