Goodbye New York Times Building

Josh Kopelman, founder of half.com, had an interesting post today comparing the New York Times to the book The Giving Tree:

In the Internet's youth, it looks up to the big tree (the NY Times) -- and they play nicely together and become friends. But, the tree didn't understand the true cost of a friendship with the boy. And as time passes, the NY Times is going to be forced by the Internet to sell it’s building. It will sell it’s stake in the Boston Red Sox. It will ultimately sell it's stake in the Boston Globe and About.com. It will charge a subscription for web users.

And in the end, the New York Times will just be a stump.

I live by the New York Times building, and as I walked by it the other day, I realized they were not going to be able to stay in that large, costly building forever. The day will come when they have to sell it because the economics of the web just don't let them keep it. Kind of sad when you think about it...