Blackstone Pitches Old New York Times Home to New Media

By: David M. Levitt | Bloomberg.com

The Manhattan office tower that housed the New York Times for nine decades can now be found hosting social-media executives zipping around its empty floors on Razor scooters or trying out a set of ping-pong tables.

The wheeled toys enable prospective tenants to speed through what was once the newspaper’s cafeteria, now stripped bare. Along with the ping-pong tables is a basketball court — the better to emphasize a 21-foot (6-meter) high, column-free space that owner Blackstone Group LP (BX) is marketing as an amenity to technology companies.

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