Marvel to move to new, 60,000-square-foot offices in October

While many await an announcement expected later today about the possible relocation of DC Comics to Los Angeles, the New York Observer reports that Marvel Entertainment is moving -- from 417 Fifth Ave. to 135 W. 50th St.

The publisher will lease 60,000 square feet for nine years in the Sports Illustrated Building, allowing it to consolidate its offices onto one floor. Marvel is expected to take occupancy on Oct. 1.

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