I was working at The Birmingham News when we converted from the old presses
(which dated back to before World War II) to a shiny new Goss Metroliner offset. They had to dig down so far I thought I saw they’d hit China, and the hole took up a big chunk of a city block.
If the Annenberg School’s forecast is right and nearly all print newspapers will be gone in five years, I guess there’s not much point in having those enormous buildings that house them. You can put all the reporters you can use on a single floor of nearly any decent sized office tower.
So I guess we shouldn’t be surprised that newspapers are selling their buildings at a nice clip (and in a few cases, at some nice prices).