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 Read More

The Hearst Family

William Randolph Hearst was the Rupert Murdoch of his day. “He is,” President Teddy Roosevelt once wrote, “the most potent single influence for evil we have in our life.” Hearst inherited his father’s newspaper business and kept going: At his peak, he owned 28 major newspapers and 18 magazines, not to mention radio stations and Read More

Did Atoosa Produce a Bonanza?

“Every time someone’s like, ‘I saw you on TV!’, I think, ‘Nooo!’” said Atoosa Rubenstein, the editor in chief of Seventeen magazine, covering her eyes. “I feel like a D-list reality star.” It was the evening of Monday, Oct. 17, and she was standing at a club called AER in the meatpacking district, clutching a Read More

Bahrenburg Tires of East 94th Street, Craves $11 Million

FORMER PUBLISHER SELLS HOUSE THAT’S SPLIT INTO TWO LAVISH PADS During a week of magazine foldings– Offspring on Jan. 3, George on Jan. 4–former Hearst Magazines president D. Claeys Bahrenburg folded his tent on East 94th Street. On Jan. 3, Mr. Bahrenburg, 53, who resigned as the chairman of Petersen Publications two years ago, put Read More