AT&T could cut the size of WarnerMedia's Hudson Yards headquarters - Business Insider

AT&T is reevaluating the huge New York City headquarters of WarnerMedia, multiple people familiar with the company's real-estate plans told Business Insider.The process could result in a substantial downsizing of the 1.5 million-square-foot space at 30 Hudson Yards on Manhattan's west side, the people said, where the mass-media and entertainment conglomerate has both corporate offices and space for key subsidiaries such as HBO and production studios for the news network CNN.A person directly involved in the evaluation said no decision had been reached to shed space. It has hired the real-estate services firm CBRE to help it complete what it is calling a "strategic review" of the headquarters, people with direct knowledge of the matter told Business Insider.Several real-estate executives said it was widely expected that AT&T would opt to cast off 400,000 square feet or more of the WarnerMedia space, nearly one-third of the headquarters.