One more thing on the plans to build a tower over the Port Authority Bus Terminal. Our fellow Observer blog The Media Mob reports that the plans vindicate New York Times‘ publisher Arthur Sulzberger Jr.’s decision to move the paper’s headquarters from 229 West 43rd Street to a new tower at 620 Eighth Avenue.
He sold the old headquarters in 2004, when Eighth Avenue was but the seedy western edge of Times Square. Since then, as evidenced by the Port Authority tower plans, that stretch of midtown has grown in stature, particularly in the eyes of developers.
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