But Henry Luce has a legacy. And if Huey needs any reminder he need only look around him: He sits in Luce’s old office, built in 1958. Though he won’t be there for long. In a highly symbolic turn of events, Time Inc. plans to relinquish its storied corporate offices on the 34th floor to investment firm Lehman Brothers. Renting out Luce’s old stomping ground is just another cost-cutting measure in the fight to save the company he founded.

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