His publishing house is one of many in New York, the capital of the book world, that have recently moved or renovated, or are in the process of doing so. The industry has a reputation for being bound by tradition; it is committed to print in a world going digital and is still conducting business essentially the way it has for decades. “They’re no different from any other industry,” said James A. Schwartz , founder of the project management company JAS Consulting, which has assisted several publishers with moves. Today, their footprint extends to the upper reaches of Midtown Manhattan. “What is a trend in the publishing world is to relocate to a lower-cost environment, which means going downtown,” said Leon Manoff , a vice chairman of Colliers International, a commercial real estate firm that has worked with publishers.

Source: International New York Times June 11, 2019 12:56 UTC