(Bloomberg) -- Amazon.com Inc. is buying the Lord & Taylor building in Midtown Manhattan as it expands in New York City.
The e-commerce giant is paying more than $1 billion for the Fifth Avenue property, according to a report in the New York Post. The building has been owned by the troubled office-sharing startup WeWork.
To contact the reporter on this story: Natalie Wong in New York at nwong133@bloomberg.net
To contact the editor responsible for this story: Craig Giammona at cgiammona@bloomberg.net