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mazon's expansion in New York City continues unabated. The company has leased a 330,000-square-foot office at 10 Bryant Park and recently purchased the 522 Fifth Ave. building for an undisclosed sum, adding over 600,000 square feet of professional space to its portfolio. This follows the purchase of the Lord & Taylor building in 2020 for $1 billion and a lease for almost 200,000 square feet of space at 237 Park Ave. in February.

    Real estate experts see this as a sign that corporate real estate is improving, with CBRE Global Brokerage Chairman Stephen B. Siegel stating, "The market is back." He believes that corporations are growing and there's pent-up demand for premium space, despite limited new product in the pipeline.

    Meanwhile, Amazon CEO Jeff Bezos has filed to sell $5 billion worth of company shares under a 10b5-1 trading strategy, which aims to ease concerns around insider trading. The plan involves selling 25 million shares on May 29, 2026. This sale comes as Amazon navigates tariff uncertainty and its advertising segment continues to thrive, growing 19% to $13.9 billion in the first quarter. Bezos previously sold a similar amount of shares in July 2024 after relocating from Washington state to Miami, Florida.