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HBC sells Lord & Taylor Flagship Store in NYC to WeWork for $1B

CBC.ca

The Hudson's Bay Company has struck a deal to sell Lord & Taylor's flagship store in New York to office-sharing company WeWork, which will move into some space in the retailer's other properties. The deal will see HBC continue to run the store in the location on 5th Avenue until the end of next year, at which point it will be converted into WeWork's new headquarters, and a smaller Lord & Taylor store...

Mentions: Hudson Bay Corporation WeWork CEO