Washington Post 2002 Annual Report Download - page 22

Post-Newsweek Media, Inc. owns a two-story brick building that serves as its headquarters and as headquarters for
The Gazette Newspapers and a separate two-story brick building that houses its Montgomery County commercial
printing business. All of these properties are located in Gaithersburg, Maryland. In addition, Post-Newsweek Media,
Inc. owns a one-story brick building in Waldorf, Maryland that houses its Charles County commercial printing
business and also serves as the headquarters for two of the Southern Maryland Newspapers. The other editorial and
sales offices for The Gazette Newspapers and the Southern Maryland Newspapers are located in leased premises.
The PostNewsweek Tech Media Division leases office space in Washington, D.C. and San Francisco, California.
The headquarters offices of the Company’s broadcasting operations are located in Detroit, Michigan in the same
facilities that house the offices and studios of WDIV. That facility and those that house the operations of each of the
Company’s other television stations are all owned by subsidiaries of the Company, as are the related tower sites
(except in Houston, Orlando and Jacksonville where the tower sites are 50% owned).
The headquarters offices of the Cable Television Division are located in a three-story office building in Phoenix,
Arizona which was purchased by Cable One in 1998. The majority of the offices and head-end facilities of the
Division’s individual cable systems are located in buildings owned by Cable One. Substantially all the tower sites
used by the Division are leased.
The principal offices of Newsweek are located at 251 West 57th Street in New York City, where Newsweek rents
space on nine floors. The lease on this space will expire in 2009 but is renewable for a 15-year period at
Newsweek’s option at rentals to be negotiated or arbitrated. Budget Travel’s offices are also located in New York
City where they occupy premises under a lease which expires in 2010. In 1997 Newsweek sold its Mountain Lakes,
N.J. facility to a third party and leased back a portion of this building to house its accounting, production and
distribution departments. The lease on this space will expire in 2007 but is renewable for two 5-year periods at
Newsweek’s option.
Robinson Terminal Warehouse Corporation owns two wharves and several warehouses in Alexandria, Virginia.
These facilities are adjacent to the business district and occupy approximately seven acres of land. Robinson also
owns two partially developed tracts of land in Fairfax County, Virginia, aggregating about 20 acres. These tracts
are near The Washington Post’s Virginia printing plant and include several warehouses. In 1992 Robinson pur-
chased approximately 23 acres of undeveloped land on the Potomac River in Charles County, Maryland, for the
possible construction of additional warehouse capacity.
Kaplan owns a total of eight buildings including a six-story building located at 131 West 56th Street in New York
City, which serves as an educational center primarily for international students, and a 2,300 square foot office
condominium in Chapel Hill, North Carolina which it utilizes for its Test Prep business. Kaplan also owns a 15,000
square foot three-story building in Berkeley, California utilized for its Test Prep and English Language businesses, a
39,000 square foot four-story brick building and a 19,000 square foot two-story brick building in Lincoln, Nebraska
which are used by the Lincoln School of Commerce, a 25,000 square foot one-story building in Omaha, Nebraska
used by the Nebraska College of Business, a 131,000 square foot five-story brick building in Manchester, New
Hampshire used by Hesser College, and an 18,000 square foot one-story brick building in Dayton, Ohio used by
the Ohio Institute of Photography and Technology. Kaplan’s principal educational center in New York City for other
than international students is located at 16 Cooper Square, where Kaplan rents two floors under a lease expiring in
2013. Kaplan’s distribution facilities are located in a 169,000 square foot warehouse in Aurora, Illinois which has
been rented under a lease which expires in 2010. Kaplan’s headquarters offices are located at 888 Seventh
Avenue in New York City, where Kaplan rents space on three floors under a lease which expires in 2007. All other
Kaplan facilities (including administrative offices and instructional locations) occupy leased premises.
The offices of Washingtonpost.Newsweek Interactive occupy 85,000 square feet of office space in Arlington,
Virginia under a lease which expires in 2010.
Greater Washington Publishing’s offices are located in leased space in Fairfax, Virginia.
Item 3. Legal Proceedings.
The Company, its wholly owned subsidiary The Gazette Newspapers, Inc. (now Post-Newsweek Media, Inc.), and
the Washington Suburban Press Network, Inc. (a corporation jointly owned by Post-Newsweek Media and another
media investor), are parties to an antitrust lawsuit filed on February 28, 2001, by the owners of several local
Maryland newspapers in the United States District Court for the District of Maryland. This suit alleges violations of the
Sherman Act, the Clayton Act and the Maryland Antitrust Act, and asserts state law claims for unfair competition,
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