In the latest chapter of the Bezos-ification of the Washington Post, the newspaper will get a new landlord next March, when the development company Carr Properties acquires its headquarters in downtown DC.
Graham Holdings Company—formerly known as The Washington Post Company—announced in a press release that Carr will pay $159 million for the three buildings at 15th and L streets, Northwest, that comprise the newspaper’s home. The Post will continue to rent its newsroom from the new owners while it continues its search for a new headquarters.
Carr Properties did not respond to phone calls Thursday afternoon. The DC government assesses the three buildings at about $80 million. The Post sold in August to Amazon founder Jeff Bezos for $250 million.
Benjamin Freed joined Washingtonian in August 2013 and covers politics, business, and media. He was previously the editor of DCist and has also written for Washington City Paper, the New York Times, the New Republic, Slate, and BuzzFeed. He lives in Adams Morgan.
Grahams to Sell Washington Post Building for $159 Million
In the latest chapter of the Bezos-ification of the Washington Post, the newspaper will get a new landlord next March, when the development company Carr Properties acquires its headquarters in downtown DC.
Graham Holdings Company—formerly known as The Washington Post Company—announced in a press release that Carr will pay $159 million for the three buildings at 15th and L streets, Northwest, that comprise the newspaper’s home. The Post will continue to rent its newsroom from the new owners while it continues its search for a new headquarters.
Carr Properties did not respond to phone calls Thursday afternoon. The DC government assesses the three buildings at about $80 million. The Post sold in August to Amazon founder Jeff Bezos for $250 million.
See also: Where the Washington Post Headquarters Could Move
Benjamin Freed joined Washingtonian in August 2013 and covers politics, business, and media. He was previously the editor of DCist and has also written for Washington City Paper, the New York Times, the New Republic, Slate, and BuzzFeed. He lives in Adams Morgan.
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