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
reprints![](https://commercialobserver.com/wp-content/uploads/sites/3/2017/11/screen-shot-2017-11-07-at-6-23-58-pm.png?w=652)
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]
424 Fifth Avenue, CPEX, Hudson's Bay Company, Lord & Taylor, Macy's, Madison International Realty, Michael O'Neill, Retail Details, Ron Dickerman, Saks Fifth Avenue, Timothy King, Cushman & Wakefield, Tishman Speyer