‘The New Mexican’ to leave the Marcy Street building | Local News

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The New Mexican leaves the familiar Marcy Street location it has occupied since the 1940s, but the newspaper is committed to finding another home in downtown Santa Fe.

Publisher Tom Cross told employees Thursday afternoon that a rental agreement for the Marcy Street newspaper building was signed earlier today. Cross initially refused to identify the tenant, but then confirmed that the New Mexico Courts Administrative Office would lease the building from February 1.

Cross called the building a “grossly underutilized property”.

“The Marcy Street building is huge for the space we need,” Cross said, adding that the building is about 29,500 square feet and the newspaper only takes up about a third of that space.

“We’ve always looked for tenants to rent the building because it’s just too big for us and, you know, to be honest with you, the expense [go] with the size of the building, ”he said.

Owner Robin Martin told employees the decision to rent was based on the newspaper’s long-term interests.

“It seems silly to spend all this money on keeping this build that we should be spending on covering the news and getting good publicity and stuff,” she said.

Martin, whose father, Robert M. McKinney, bought the newspaper in late 1948, said the move would be difficult.

“I’m sorry because one of my earliest memories is being in my father’s office, sitting on the floor and scribbling on a piece of paper while he spoke on the phone,” she said. .

The New Mexican has other tenants currently in the building, including Girls Inc. and former US Senator Jeff Bingaman, who will also be relocating.

The newspaper also has a large printing press at 1 New Mexican Plaza, south of the city.

Artie Pepin, director of the Courts Administrative Office, said the Marcy Street building will allow the agency to consolidate.

“I was at [agency] for 15 years, and this will be the first time that all my people, my different divisions, everyone except our technicians… will all be together, which is really wonderful, ”he said. “We’re so happy to have a space where we can be in one place instead of being scattered around four or five different places in the city. “

Pepin said agency employees were largely housed in a legislative annex across from the New Mexico Supreme Court.

“The Legislature let us know that it needed the Legislative Education Review Committee space, so we had to move from there,” he said.

While employees mostly worked from home during the coronavirus pandemic, he said the agency “got to work” to find a new office location.

The lease is for 10 years with an option to renew for an additional 10 years in five-year increments, he said.

The lease includes parking spaces adjacent to the building, as well as 11 additional spaces that will initially be in a parking lot on Marcy and Otero streets, Pepin said.

“The rent rate is $ 700,000 per year,” Pepin said. “It includes both a base rate and an operating rate, because it includes utilities, electricity, heat and air conditioning and everything in between. We have to change the light bulbs, but they have to pay for the electricity.

Pepin said the agency can withdraw from the lease “with sufficient notice” if the legislature constructs or provides a building near the Supreme Court.

The agency works for the Supreme Court to administer all courts across New Mexico.

“We are very excited to occupy the building and we know that The New Mexican will be a wonderful owner, ”he said. “We really appreciate the historical value and the nature of the building… and appreciate The New Mexican work with us to get to this point where we have the lease.

The current building on Marcy Street was built under the ownership of Frank Rand, who purchased the newspaper in 1940.

Although the building has been for sale or rent for several years, Martin said a sale is not being considered.

She said her two children “don’t want to get rid of them”.

When an employee asked him if his children would take over the newspaper, Martin replied, “Finally, I hope.

The newspaper employees will move to an undetermined location, but Cross said the newspaper is considering other locations in the city center.

“The anticipation is that the space will be downtown in this general area,” he said. “We think it is important for The New Mexican of Santa Fe being downtown, so we have a commitment to downtown. It’s our plan to have a downtown location.

Cross, who was at The New Mexican for nine years, said the newspaper entertained anyone wishing to rent or buy the building.

“Now we are not interested in selling,” he said. “As [Martin] said… we are guarding the building. It is not for sale, it will not be for sale.


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