The real estate stroll by Amazon emphasizes the new trust in NYC

Amazon forwarded to the New York City Landscape.

According to the New York Post, Amazon signed a lease for a 330,000 square meter office in the 10 Bryant Park in New York City three weeks ago. This follows the purchase of the legendary Lord & Taylor building by the company in the 424–434 Fifth Ave. For a whopping 1 billion US dollars in 2020.

In recent times, Amazon has the nearby 522 Fifth Ave. -Completed building for an unnoted sum.

This purchase in New York City has added over 600,000 square meters of professional areas, which real estate experts have a sign that the company's real estate improves.

This is also done after the retail giant signed a rental agreement for almost 200,000 square meters in February in February. This was also the “third major expansion in Manhattan since November”.

“The market is back,” said CBRE GLOBAL brokerage, Stephen B. Siegel, at that time. “It confirms what I have always said-never give you New York City or the availability of capital here. It is clear that companies will grow. There is a demand for pent-up requirements and there is not much new product in the pipeline.”

Jeff Bezos has just sold billions of dollars to Amazon shares

At the beginning of this month, for the second time in less than a year, the billionaire Jeff Bezos applied to sell corporate shares worth around 5 billion US dollars.

When Amazon submitted his quarterly 10-Q report to the Securities and Exchange Commission on May 2, he revealed a 10B5-1 trade strategy for Bezos. The plan includes the creation of a planned sales plan, which is carried out automatically when certain stock conditions are met in order to facilitate concerns about insider trading.

The only information about the trade strategy was the 25 million shares and the date on which they need to be sold: May 29, 2026.

Since Amazon negotiates tariff uncertainty in a difficult environment, the expected sale takes place. According to CNBC, the company's advertising segment is still flourishing and grows by 19% to 13.9 billion US dollars in the first quarter.

The last time that Bezos sold so many shares was in July 2024 when he announced that he was liquidating his company's equity worth almost 5 billion US dollars. The move came to Miami, Florida, where his future wife Lauren Lauren Sanchez from Washington State lived, where business was founded.