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

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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]