New York Property Firm Hit the Jackpot. Then Amazon Pulled Out. - News Summed Up

New York Property Firm Hit the Jackpot. Then Amazon Pulled Out.


There may be nobody who lost more from Amazon.com Inc.’s pull out of Queens than the real-estate investors at Savanna. The New York-based property firm was one of the biggest beneficiaries of Amazon’s decision to locate a new headquarters in Long Island City. The retailer agreed to rent about one million square feet in Savanna’s green glass office tower near the East River.


Source: Wall Street Journal February 21, 2019 12:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */