Time Inc. purchased a house to report on Detroit's reinvention. When
they're all done with Detroit, the magazine company says they will
donate the house to a charity.
Excerpt:
Time Inc. has released an interesting tidbit of news about its plan
to move journalists into a Detroit house for months of intensive
coverage of southeast Michigan.
When the
media giant is done with the house, it won’t try to sell it — it plans
to donate the dwelling to charity, a Time and Fortune spokesperson said
today.
As the Free Press reported Sunday,
Time Inc. paid $99,000 for a handsome, 95-year-old house on leafy
Parker Avenue, north of E. Jefferson, in the West Village neighborhood
next to Indian Village.
Time’s purchase appears to be unprecedented; big American
media outlets often have news bureaus in Detroit and other cities, but
buying a house and embedding in a neighborhood is a new concept, and
Time’s plans are attracting considerable attention nationally.
Read the entire article
here.
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