Time Inc. Moving 300 Workers to Brooklyn
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Time Inc., publisher of Time, People and Sports Illustrated, has signed a 15-year lease at Brooklyn’s Industry City, where it will have offices and a studio for a new automotive website.
The 55,000-square-foot space will be home to more than 300 employees by the end of the year, the New York-based company said Thursday. The deal includes a 5,000-square-foot ground-floor showroom that will be used for video work for TheDrive, a website focused on car news and culture aimed at readers under 35.
Brooklyn is emerging as an attractive office market for technology and media companies, who are drawn to the area’s startup culture and refurbished warehouses. In March, Industry City’s owners, Atlanta-based Jamestown and its partners, unveiled a $1 billion plan to transform the 19th century waterfront complex into a modern hub for technology and manufacturing.
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