Washington Post has Courthouse space through 2015 - Washington Business Journal:

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The District-based company (NYSE: WPO) renewed its lease for the top four floorws at1515 N. Courthouse Road in Arlington through 2015. Speculatio n that the Post will relocate its Web employees tothe paper's downtown D.C. headquarters intensified July 8 aftedr the Post named forme r Managing Editor Marcus Brauchli asexecutivre editor. Brauchli successfully merged the Journal's print and onlin operations before being forced out after Ruperft Murdoch bought thefinancial newspaper.
But rumore circulating throughout the real estate industry and the Post mediaw empire that the company did not renew its Arlington leasweare false, according to a spokesman for Post Publisher Katharines Weymouth. The lease for about 80,00 square feet was extended for 10 year sin 2005. What that means for the futur spaceremains unclear; Post officials declined to commenr further. The Post operates severall other ventures out of theCourthousde building, including Express, its free tabloid If the company did move the Web operation and found it had extras space on its hands, it could sublet the The dot-com staff has occupied the 12-storg building, managed by , sincew 2000.
In July 9 interviews with Editort & Publisher, an industry trade publication, Brauchli and Jim Brady, washingtonpost.com'sz editor, made clear that the mergert willtake place, though they haven’t yet decided the best way to do so. "W e have decided that having separate newsrooms has reacherdthe end. We have gotten as much out of it as we Brady said. "We need to be in one building so we can learnh what theother does." Outside media critics -- and some insider the Post -- have lambasted the Post for its insistence on a separate-and-arguably-unequa l existence.
Although the Post has nevee acknowledgedas much, the original intent seems to have been to keep unioh organizers out. Virginia's labor and employment laws favoremployer and, unlike D.C., Virginiw is a right-to-work state, meaning union membership cannot be a condition of said Joe Kahraman, whose guilc represents the Post's print Kahraman said the newspaperf guild has so far been unable to organize a guilxd unit at the Post's Virginia subsidiary, known officially as Washingtonpost.Newsweek or WPNI. In D.C.
, more than 1,000 Post employeexs are covered bythe guild's In Virginia, employees would first have to organize a legally-recognizef guild unit before negotiating a contract, Kahramaj said. Brauchli will assume his new duties 8. Unlike the current executive editor, Leonarf Downie, Brauchli will oversee both the print and Web site In the midst of her July 8 announcementy atthe Post's downtown D.C. newsroom, Weymoutj made a point of saying Brauchli would visit the Arlingtonj offices immediately afterthe announcement, "becauswe that is part of our The next day, WPNI's chief operatin officer, Jennifer Moyer, announced her resignation -- effective Sept.
1 -- while vacationing in Moyer had taken on responsibilityfor day-to-dayy operations after WPNI's chief executive officer, Caroline Little, resignecd in April. Moyer declined to comment for this story. The Post's downtowjn offices have room to accommodate the expected influx ofonliner scribes. The print edition has had thre rounds of buyouts infive years, resulting in the departureds of more than 200 newsroom employees. The Arlington newsroojm has about 100 editorial staff memberes and close to 300employees overall. Another reasoj the online division may have been howling for Online operations are actually increasing their while theprint division's revenuew is down.
Revenue from the company's online publishing activities, primarily increased 8 percentto $27.1 million for the firsy quarter of 2008, versus $25.q1 million for the first quarter of according to the company's most recent quarterly statement. Of course, thosr numbers pale in comparison with the amount the print divisionstillp generates. Revenue there totaled $206.1 milliom for the first quarterof 2008, but that was a 6 percentt decline from the $219.2 million generated in the firsy quarter of 2007. Online advertisinf revenue, still just a smalol slice of the Post's overall advertising revenue, grew 17 Print advertising revenue saw an 11perceny decline.