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This month in real estate history
A look back at some of New York City's biggest real estate stories
![Lord and Taylor on Fifth Avenue](https://static.therealdeal.com/wp-content/uploads/2013/05/lord-and-taylor.jpg)
From the May issue: 1909: Record sale price for future Lord & Taylor home
Two Brothers Paid A Record Price For A Corner Lot On Fifth Avenue that ultimately created one of the largest store frontages on a newly booming section of Fifth Avenue for Lord & Taylor’s flagship department store. Frank and John Burton paid approximately $950,000, or $265 per square foot — a Fifth Avenue record at the time — for the northwest corner at 38th Street. The purchase gave the Burtons control of about 148 feet along the avenue, enough to attract the large retail tenant. [more]
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