Audacy, the national radio and podcast company that has long planted its flag in Philadelphia, has officially shifted its corporate headquarters to New York, a move that reshapes the city’s media landscape in one shot. The change follows a slow but steady migration of senior leaders into Audacy’s Manhattan offices and a plan to shrink the company’s Center City footprint. Company officials say Philadelphia stations and studio operations will stay put even as the back-office muscle moves north, as per Philadelphia Business Journal.
Company Officially Moves Its Corporate Address
As reported by Philadelphia Business Journal on April 2, 2026, Audacy has changed its official corporate address to New York as part of a broader restructuring. The company began life as Entercom in October 1968, planting roots in the Philadelphia region for nearly six decades, according to Wikipedia. The Business Journal notes that the headquarters shift is tied to changes in leases, office usage and staffing plans.
New Address, Old Headquarters
Audacy’s own corporate contact information now lists its headquarters at 345 Hudson Street, 10th Floor, New York. According to Audacy, that Manhattan location is now the company’s corporate mailing address. SEC filings and the company’s 2022 Form 10-K show Audacy previously identified its principal executive office as 2400 Market Street, 4th Floor in Philadelphia and occupied roughly 67,000 square feet there, a sign of how sharply the company is scaling back its local corporate presence.
Sublease And Center City Footprint
Industry coverage says Audacy has placed a large chunk of that Market Street space on the sublease market while it trims office needs. Radio Ink reports that a commercial listing is marketing roughly 26,457 square feet for sublease and that studio space for Philadelphia stations is not affected. The outlet also reports that several top executives are now based closer to New York, reducing the need for a sprawling corporate setup in Center City.
Background And Why It Happened
The headquarters move follows Audacy’s financial overhaul. The company emerged from Chapter 11 in late September 2024 after a debt-reduction plan that reshaped ownership and leadership, according to Axios. Industry outlets detailed rounds of cost-cutting and job reductions in 2025 as Audacy tightened operations and refocused on streaming, podcasts and events, with staffing changes chronicled by trade coverage including Digital Music News. The shift of corporate functions to New York appears to fit into that broader effort to cluster operations where leadership and major ad buyers are concentrated.
In Philadelphia, the questions now are immediate and local: who will eventually fill the empty desks at 2400 Market, which corporate roles will permanently move, and how the city’s media ecosystem will adapt. An Audacy spokesperson told Radio Ink that “Philadelphia remains an important part of Audacy” and said the changes are meant to align office space with hybrid work patterns. Local real estate watchers and brokers say the sublease listing will be closely watched as Center City’s office market and media employers react in the coming weeks.
