Leases · Retail

Retail Details: The Future of the Department Store (Video)

WeWork made big news that it's taking the upper floors at Lord & Taylor; here's the thinking behind the move

By The Editors November 8, 2017 8:30 am

Ron Dickerman of Madison International Realty. Commercial Observer

Last month the WeWork-led JV fund Rhône Capital announced that it was sinking $850 million into purchasing the Lord & Taylor flagship at 424 Fifth Avenue. What does the move portend? That’s the question Commercial Observer asks in this month’s edition of Retail Details.

[youtube https://www.youtube.com/watch?v=qBv581uQfcg]

Keywords: 424 Fifth Avenue, CPEX, Michael O'Neill, Retail Details, Ron Dickerman, Timothy King, Cushman & Wakefield, Hudson's Bay Company, Lord & Taylor, Macy's, Madison International Realty, Saks Fifth Avenue, Tishman Speyer

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