In an effort to cut costs, Wenner Media is considering moving from Manhattan to Brooklyn.
Bloomberg reports that Wenner might move its empire from 1290 Avenue of the Americas to Empire Stores, a building in Brooklyn’s Dumbo neighborhood. A deal is still being negotiated, but Wenner could take anywhere from 50,000 to 70,000 square feet of office space in the Empire Stores building.
Jack Cayre, a principal of Midtown Equities LLC, the developer of Empire Stores, told Bloomberg he couldn’t “confirm or deny the identity of tenants that we may or may not be speaking with.”
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