Hearst Closes Quickly on Another Columbus Circle Property

Hearst has added yet one more building to its growing arsenal around Columbus Circle.

The publishing behemoth recently closed on 811 Ninth Avenue for $17.1 million, according to city records. Lightning quick would be appropriate terminology for how rapidly this deal went down: Hearst went to contract and closed on the 21,500-square-foot property on the same day, July 19.

Hearst certainly has an affinity for real estate in the Columbus Circle area. The Observer reported in May when the company purchased an 8,000-square-foot building at 304 West 56th Street for $7.6 million directly across the street from the Hearst headquarters at 300 West 57th Street. The newly acquired property at 811 Ninth Avenue sits just two blocks southwest of the Hearst tower.

Calls to Hearst regarding what is planned for the property were not immediately returned.