Time Warner reviews office space in Manhattan

[Published October 2011 and last updated Septmber 2026] Time Warner is considering its office space options in Manhattan and could soon be switching its headquarters from the Columbus Circle site built specifically for its staff less than a decade ago.

Top bosses at the company, among the world’s largest media businesses, have cited office space efficiency as a key financial performance issue and said a review of potential new locations is underway.

Any move would be a major undertaking in the context of New York’s office market, given that it currently occupies roughly four million square feet of commercial space.

The Wall Street Journal (WSJ) reports that the company is considering office space at a new tower on the West Side of Manhattan and at the World Trade Centre.

A memo, written by Time Warner chief executive Jeff Bewkes and its finance chief John Martin, and seen by the WSJ, said: “We are about to undertake an evaluation of our office footprint in the New York metropolitan area and develop a long-range plan to meet our future needs.”

Time Warner has around 6,000 employees in New York, and there is uncertainty about whether the best option for the business would be to accommodate them in a single location, and whether there is enough office space in a single building to make the prospect viable.

In addition to its main office headquarters in New York, the company currently has staff working out of 15 different office spaces across the city, which amounts to roughly a fifth of its global real estate holdings.

Time Warner owns HBO, CNN and Warner Bros.

Earlier this year Boston Properties announced that it had secured a deal for the law firm Morrison & Foerster to take up residence at the office tower it is developing at 250 West 55^th Street in Manhattan. The project was put on hold after the financial crisis, but construction is set to resume this autumn.

Editor’s notes: Time Warner was renamed WarnerMedia after it was acquired by AT&T in 2018. The company was established as Time Warner in 1990, following the merger of Time Inc. and Warner Communications.

In 2019, WarnerMedia agreed to rent 1.5 million square feet of office space over 27 floors at 30 Hudson Yards –  the development area on the west side of midtown Manhattan.

The move brought together brands HBO, CNN, TBS, TNT, and Warner Bros., plus 10,000 employees, from seven locations across the city.

As of September 2026, WarnerMedia’s New York offices remained at 30 Hudson Yards, at 500 West 33rd Street.

On the 5th December 2025, it was reported that Netflix was in exclusive talks to buy Warner Bros. Discovery (WBD).

WBD was formed through the spin-off of WarnerMedia by AT&T and its merger with Discovery, Inc. on April 8, 2022.