Lord & Taylor selling flagship Fifth Avenue store to WeWork

FILE – In this Nov. 18, 2013, file photo, a woman walks her dog past a vintage Santa Claus holiday window display at Lord & Taylor department store in New York. A real estate startup called WeWork Cos. is announcing a deal to buy Lord & Taylor’s storied flagship in Manhattan for $850 million. The transaction, announced Tuesday, Oct. 24, 2017, is part of an overall plan by Lord & Taylor’s parent Hudson’s Bay Co. to pare down its debt and reinvigorate the chain. (AP Photo/Mark Lennihan, File)


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