The Durst Organization is suing Amazon after a lease imploded in 2014 and isn’t shy about talking about the details.
Durst representatives and court documents from the ongoing suit, reveal that the company spent $1.6 million tailoring New York office space to the tech giant’s specifications only for the company to walk away from the deal, which was worth $20 million, according to the New York Post.
Anonymous sources, out of fear of reprisals, told the Post Amazon negotiates deals and then walks — sometimes for half a year before returning to sign papers, if at all. The sources say the company often negotiates multiple leases at the same time.
“They tee up and have a signable lease,” a source told the Post. “They are doing this on warehouse space and office space.”
[NYP] — E.K. Hudson