Amazon, which precocious told 350,000 labor it wants them each backmost successful nan agency 5 days a week, apparently needs much room for them.
Jeff Bezos’ tech and retailing behemoth is successful talks to lease all of HSBC’s 350,000 quadrate feet astatine 452 Fifth Ave. erstwhile nan slope moves to The Spiral adjacent year, sources said.
Amazon is negotiating pinch building proprietor PBC, an Israeli existent property giant. Different teams of JLL brokers are moving some sides of nan talks but nary could beryllium reached for comment.
An description to 452 Fifth, which is besides known arsenic 10 Bryant Park, would put Amazon unit adjacent doorway to its Manhattan headquarters, nan erstwhile Lord & Taylor Building astatine 424-434 Fifth Ave., wherever it has 2,000 employees
Sources cautioned that a signed lease is acold from certain.
HSBC is nan anchor tenant astatine 452 Fifth and its exit will time off a gaping availability.
The building precocious attracted respective caller tenants, including backstage equity patient 17Capital, which took 16,298 quadrate feet early this year.
The asking rent connected that lease was $160 per quadrate foot, nan Real Deal reported.
Amazon has struck immense deals successful nan city, astir notably its $1.1-plus cardinal acquisition of nan L&T tract successful 2020.
But it has besides walked distant from respective leases that looked for illustration judge things, including for 400,000 quadrate feet astatine Harborside successful Jersey City.
When Amazon violated position of a letter-of-intent pinch nan Durst Organization for a ample artifact astatine 1133 Sixth Ave., a tribunal awarded Durst $21 cardinal successful damages.