Discovery to Move to New York City

New York City is the most populated city in the United States and is the home to more corporations than any other major city in the country. While the city is already the home to many different corporations, it appears that one more maybe moving to the city in the next few years. The Discovery Communications company, which is well known for maintaining the Discovery Channel, appears set to move its headquarters from Silver Spring, Maryland to New York City within the next few years (http://deadline.com/2018/01/discovery-plans-to-move-its-global-headquarters-to-new-york-city-in-2019-1202239271/).

The discovery Communications company has been located in the Washington DC suburbs for more than 30 years. Today, the company has more than 1,300 employees that are located across the country. However, the company appears that it will now be consolidating its operations into a more central location. The company is currently under contract to be acquired by Scripps International and plans to move to a new building in New York City by 2019. However, the move to the new city will be contingent on the sale of the company.

This move will be just one of the latest examples of a company that is looking to move to New York City. Over the past few years, many different organizations have seen a benefit in moving into the major city. While it provides a convenient location to hire more talented staff, the city has also started providing a number of different tax incentives to businesses in order to have them move in and stay.

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