In a real estate development that has a tinge of symbolism tied to the recent past, the Washington Post's downtown D.C. location will be torn down to make room for Fannie Mae's new consolidated headquarters.
According to the
The Post, sold by its longtime owners the Graham family in 2013 to Amazon founder Jeff Bezos, no longer owns the building it occupies and will move to a new space near Washington's lobbying corridor around K Street next year. The paper, like many others, was hit hard by the ripples of the 2008 financial crisis caused by the housing market's meltdown.
Fannie Mae, which currently has a headquarters in the Tenleytown section of Washington, will occupy up to 840,000 square feet of space in the new building, according to the report.
