A couple of weeks in the past, we described Amazon as an “ever-expanding behemoth” on the Manhattan scene, following its 330,000 square-foot lease signing at 10 Bryant Park.
The deal adopted its $1 billion buy of the previous Lord & Taylor constructing and enormous leases at three different buildings.
However Jeff Bezos wasn’t achieved. On Friday, Amazon closed on the acquisition of 522 Fifth Ave. from Aby Rosen’s RFR Realty, as reported by the Actual Deal.
The value wasn’t disclosed, however the acquisition added 600,000 extra sq. ft to Amazon’s presence right here.
This, from an organization many mentioned would abandon New York after its bid for a regional headquarters campus in Queens was scuttled by elected officers in 2016.
As CBRE dealmaker Stephen B. Siegel advised us just a few weeks in the past, “Never give up on New York City or the availability of capital here.”
