Flags fly outside the Washington Post building in downtown Washington,… (Ken Cedeno / Bloomberg )
The Washington Post Co. is looking at selling off its historic headquarters located downtown in the nation’s capital.
The site, which has been home for the paper since 1950, got worldwide attention with the 1976 film "All the President's Men." The film depicted Washington Post reporters Bob Woodward and Carl Bernstein breaking the Watergate story, which ultimately led to President Nixon's resignation.
Washington Post Publisher Katharine Weymouth told staff of the potential sale Friday morning, according to a story on the paper’s website.
“This building has given us so much and has watched history unfold,” Weymouth said in the memo. “It is hard to imagine moving after so many years. And yet, once we removed the presses from this building over ten years ago, we were no longer tied to this particular location.”
Located about four blocks north of the White House, the headquarters was once where the Post printed the paper. It later moved those operations to surrounding suburbs.
The Post also owns television stations, a cable operator, and Kaplan Inc., an education company.
Weymouth said the company’s goal was to build a “more modern, bright, open and efficient building that better supports and advances our mission into the future." But she indicated that the Post has not yet decided on where or when the move would take place.
"We have begun to assemble a small and talented team of real estate and design professionals,” she said. “We have selected Studley, Inc. and JM Zell Partners, Ltd as our real estate advisors. We are also in the process of interviewing space planners and architects. “
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