December 28, 2008 in Business
Associated Press photo

The New York Times building is shown in New York. With revenue plunging many newspaper companies have turned to selling off their buildings to raise money or save on costs. The New York Times Co. plans to raise $225 million from its new, 52-story Manhattan headquarters, either through a leaseback or a mortgage.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus