Amazon Signs 17-Year Lease On Manhattan Building That Is Totally Not A Store
An Amazon spokesperson told Bloomberg News that the space does not represent an expansion of Amazon into real-life selling. “We have leased this building primarily as corporate office space and we intend to sublease to other tenants the ground-floor retail space,” she explained. The building was once a discount department store called Ohrbach’s, and is now mostly office space. There are currently clothing stores in the retail spaces: if the speculation about Amazon opening a retail store was false, presumably they would stay and sublet from Amazon.
It wouldn’t be a bad idea to have an Amazon Store in such a high-traffic area. Maybe if tourists and influencers could get their hands on a Kindle Phone, the company could sell the rest of them. Saying that the space won’t be a store doesn’t rule out using some of the building as warehouse space for popular items to help the company pull off same-day delivery.
Amazon Leases Office Space on Manhattan’s 34th Street [Bloomberg]
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