 Media and real-estate concerns projected that the building might be worth $150–250 million; several commentators suggested that the "Daily News" could be shuttered to free up office space, though others pointed out that relocating the printing presses would also free up space in the building.Tribune Media sold the Daily News Building to a partnership in December 1982.The La Salle Street Fund held a majority ownership stake in the partnership, while New York News Inc. held the minority stake.