The world's largest promoter is making its new home in one of NYC's trendiest neighborhoods.
Live Nation, the world's largest music promoter, is moving its longtime headquarters from Times Square to a 100,000-square-foot building at 430 West 15th Street between 9th and 10th Avenues in the heart of New York City's trendy Meatpacking District, a source has confirmed.
The news originally broke on The Real Deal, which reported that Live Nation had subleased the new building from current tenant Palantir Technologies. The promoter currently leases the entire 230,000-square-foot building at 220 West 42nd Street through a 20-year deal signed in 2000 by the company's former incarnation as SFX Entertainment. Live Nation, according to the report, has sublet much of its former space to other companies.
Live Nation declined to comment for this story, and Palentir Technologies didn't return request for comment.