Time Equities has a New Neighbor

http://www.observer.com/2010/real-estate/nyu-gobbles-forbes-building

New York University has emerged as the buyer of the Forbes Building at 60 Fifth Avenue, which is located across the street from Time Equities, Inc.’s headquarters at 55 Fifth Avenue.  In addition, NYU’s investment office is one of Time Equities’ newest tenants at 55 Fifth.  In March 2009 NYU leased 5,580 square feet on the 16th floor for ten years.  NYU and the New School continue their battle over ownership control of Greenwich Village.