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Washington Post to sell historic office building

Reuters | Last Updated: Thursday, November 28, 2013 - 13:25

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.

First Published: Thursday, November 28, 2013 - 13:25
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