JERSEY CITY-Forbes Media is moving out of its iconic Greenwich Village headquarters and relocating 350 workers across the river to Jersey City.
Forbes Media CEO Mike Perlis says the company is moving out of the Greenwich Village building it has occupied for 49 years and leasing space at 499 Washington Blvd. in Jersey City. The deal was arranged by the LeFrak Organization, according to the New York Post.
Perlis, who informed magazine staffers of the move on Tuesday, says that Forbes Media is looking for “strategically located office space in Manhattan to serve as a New York office.”
“The New Jersey venue will give us the opportunity to create a state-of-the-art media center,” Perlis stated in a memo to staffers.
On Tuesday, Forbes was awarded $27 million in tax incentives over 10 years in connection with the move to Jersey City, according to a report in the Record.
The Forbes family sold Forbes Media's headquarters in Greenwich Village to New York University in 2010 for $65 million. At the time it signed a five-year lease to stay in the building. See story in the New York Post.
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