Fox, News Corp Get Subsidy for New Headquarters

New York Times: What’s good for the Port Authority of New York and New Jersey could be even better for Rupert Murdoch and his companies. The commissioners of the Port Authority have agreed to a deal that would reduce the proposed rent that 21st Century Fox and News Corp. would pay at the World Trade Center by $155 million. The subsidy is intended to entice Fox and News Corp. to move their headquarters from Midtown Manhattan to a new tower planned for the east side of the World Trade Center site.