Bloomberg: Columbia Property Trust is buying the office space at the Manhattan building that once housed the New York Times from affiliates of Blackstone Group for $516 million. Blackstone bought the office portion of the 16-story building at 229 W. 43rd St. in 2011 for $160 million. It invested $105 million in renovations aimed at luring Internet and communications companies to the property, which was the headquarters of the New York Times from 1913 to 2007. Yahoo leased four floors in 2013.