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2WTC Loses Its Anchor Tenant: News Corp to Stay In Midtown

Well, this is huge: News Corp and 21st Century Fox have officially pulled out of their deal to move to 2 World Trade Center. According to a report in the New York Post, the Rupert Murdoch-owned companies have decided to retain their office space in Midtown, with a lease that currently runs through 2020, but could extend through 2025. The media conglomerate was set to take over more than 1 million square feet of space at 2WTC, making it the anchor tenant of the building. Danish starchitect Bjarke Ingels recently signed on to design the tower, part of the larger World Trade Center complex; the future of his design is currently unclear.

A statement from Larry Silverstein >>