Martha Stewart Living Sublets Some NYC Office Space

Law360, New York (February 28, 2014, 4:30 PM EST) -- Martha Stewart Living Omnimedia Inc. has moved out of 45,000 square feet of its space at the Lehigh-Starrett Building on West 26th Street in Manhattan, subletting the space to advertising firm McGarryBowen, a source close to the deal confirmed Friday.

Martha Stewart is giving up its space on the 10th floor of the building, which will be absorbed by McGarryBowen, as part of a downsizing plan after reportedly laying off about 100 employees last year.

The company, which has been struggling for several years and lost...
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