By Christopher B. Daly
I guess the party’s really over. Time Inc., the once phenomenally profitable publishing empire founded by Henry Luce (and Briton Hadden) in 1923, is considering a move out of its landmark skyscraper in midtown Manhattan. According to today’s NYTimes, Time Inc., the company that publishes TIME, SI, People and many other magazines, is heading downtown — way downtown, to 225 Liberty St., a building just west of the site of the new Liberty Tower and the memorials to the fallen Twin Towers of the World Trade Center.
In its heyday, of course, Time Inc. was a powerhouse of profit, prestige, and political heft, as I wrote about in my book Covering America. After outgrowing its space in the original Rockefeller Center, Time Inc. was offered its own building across 6th Avenue. In 1959, Rockefeller Center expanded to the west side of the avenue with a building erected just for Time Inc., known as the Time & Life Building, at 1271 6th Ave. Here’s a version by Dan Okrent, from his book Great Fortune: The Epic of Rockefeller Center. (Fun Fact: Dan was hired by Time Inc. in the 1990s to bring the company’s portfolio of magazines online, but that’s another story.)
What [architect Wallace Harrison] did deserve credit for was what Vincent Scully called the “incoherent splatter of skyscrapers” marching down the west side of Sixth Avenue. This western expansion of Rockefeller Center began with Harrison’s new Time & Life Building in 1959 and degenerated from there, a row of marble megaliths that seemed informed less by the doctrines of the International Style than by some for of totalitarian nightmare. . .(427)
One of Time Inc.’s neighbors in recent years has been News Corp, which occupies its own totalitarian megalith just south of the Time & Life Building. Other neighbors: NBC, CBS, CNN, and (until a few years ago) The AP.
I wonder who will be next to bail out from midtown?