Washington Post to sell historic office building
New York: The Washington Post confirmed Wednesday it has agreed a deal to sell its historic office building in the heart of the American capital.
The newspaper said the sale of the building, situated just a stone`s throw from the White House, to a property firm would be sealed by March next year for $159 million.
The paper, which is now owned by Amazon founder Jeff Bezos, will continue to rent space in the building until a new headquarters is found.
The Post`s search for new premises had begun before Bezos bought the paper earlier this year.
The Post`s current headquarters was the paper`s base during its most famous hour, when journalists Carl Bernstein and Bob Woodward uncovered the Watergate scandal that ultimately led to the resignation of Richard Nixon as President.