You will be redirected in 15 seconds, or continue now.
Forbes began a search for a buyer of its historic headquarters at the peak of the market. More than two years and one historic recession later, the magazine company has finished the sale. On Thursday, Forbes announced that it had sold the 122,500-square-foot, eight-story building at 60 Fifth Avenue to NYU, the school that has itself been looking to grow its own holdings and presence in the... READ MORE»
In recent years, the Forbes family sold its palace in Tangiers, its island near Fiji, its copy of the Gettysburg Address and many of its Fabergé eggs. Its notable Fifth Avenue building may be... READ MORE»
In recent years, the Forbes family sold its palace in Tangiers, its island near Fiji, its copy of the Gettysburg Address and many of its Fabergé eggs. Its notable Fifth Avenue building may be next. In June, New York Times’ media columnist David Carr lamented that “if there ever was a bad time to be named Forbes—and there probably is not—now might qualify.” The family that built its fortune on the magazine most synonymous... READ MORE»
Chipotle founder, chairman and chief executive Steven M. Ells is bringing the heat to Greenwich Village. The "gourmet" taco and burrito czar recently bought the $11 million penthouse at 40 Fifth Avenue. Mr. Ells bought the 10-room co-op in Greenwich Village from psychologist Edwin Fancher, a co-founder and part owner of the The Village Voice from the 1950s to the 1970s.... READ MORE»
Chipotle founder, chairman and chief executive Steven M. Ells is bringing the heat to Greenwich Village. The "gourmet" taco and burrito czar recently bought the $11 million penthouse at 40 Fifth Avenue. Mr. Ells bought the 10-room co-op in Greenwich Village from psychologist Edwin Fancher, a co-founder and part owner of the The Village Voice from the 1950s to the 1970s. Built in 1929, the 15-story building, deemed by the Web site... READ MORE»
You would think that a book sporting the subtitle How Successful People Do It—And What We Can Learn From Them is about being hideously successful and how to get there. But at the book party for What Makes You Tick? Wednesday Night at the Condé Nast Building, co-author Michael Berland made sure to note—repeatedly—that it is, in fact, not that sort of... READ MORE»
What did Dov Charney do in the financial crisis? Readers of the November issue of Portfolio, Condé Nast’s lavishly produced business monthly, might well ask the question of their magazine’s cover star this month. Of course, there wasn’t much time between the dark day when Lehman Brothers went all Cloverfield on American finance and the printer’s deadline for the magazine’s November issue. But at Portfolio, as at most business magazines, it seems, the mood is less... READ MORE»
Forbes publisher Jim Berrien is stepping down and will assume the role of chairman in the company. This year, Forbes has struggled across the board with its various magazines, and Mr. Berrien is only the latest publisher to step down in what is turning out to be a bleak year for magazine-economics. As Media Week reports, "Berrien’s departure follows on the heels of other top execs in magazine publishing who are either taking on... READ MORE»
Forbes will, indeed, announce today that it’s leaving its longtime Greenwich Village home in favor of a new, to-be-constructed headquarters somewhere in Manhattan. Forbes.com confirmed this morning the rumor that started floating around on Thursday. Forbes will sell the eight-story 60 Fifth Avenue, its headquarters since 1965, for one simple, very New York reason, according to C.E.O.... READ MORE»
Gawker reports that Forbes will announce it's selling its headquarters at 60 Fifth Avenue and is in talks to build a new headquarters in the city. An anonymous tipster on Gawker said:... READ MORE»
