Friday 21 February 2020

Amazon mulls buy of WeWork’s Lord & Taylor building

Amazon has been in talks to acquire the Lord & Taylor building, the iconic Fifth Avenue building owned by WeWork. The e-commerce giant has been negotiating a potential acquisition of the building, six industry insiders told The Real Deal. Two sources said the deal could be valued close to $1 billion. Talks remain fluid, and a deal still faces hurdles before it can materialize. WeWork did not respond to requests for comment. An Amazon spokesperson



source https://therealdeal.com/2020/02/21/amazon-mulls-buy-of-weworks-lord-taylor-building/

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