Time, Inc., who publishes more than 100 magazines, has purchased a house in the West Village to track Detroit's reinvention.
Excerpt:
Parker Avenue, meet your new neighbor: Time Inc., the legendary media colossus.
In
a highly unusual decision for a news organization, Time has purchased a
95-year-old house in Detroit's historic West Village neighborhood, next
to Indian Village. The home will serve as a base of operations for
months -- and perhaps a couple of years -- as Time's various
publications cast a unique spotlight on Detroit and chronicle its
increasingly desperate struggle to reinvent itself.
A Time
reporter has told acquaintances he will move in before the end of
summer. People familiar with the project said news coverage would be
provided by staffers from several of Time Inc.'s more than 100
magazines, which include Time, Sports Illustrated, Fortune, Money,
People, Essence and Entertainment Weekly.
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