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The Real Deal New York
Hudson’s Bay Company
WeWork continues its hunt for investors at $850M Lord & Taylor building
September 06, 2018 07:30AM
Almost a year after WeWork announced the $850 million acquisition of the Lord & Taylor building in Midtown Manhattan, the co-working company still hasn’t...
Advice for Hudson’s Bay: build condos
June 13, 2018 10:17AM
Hudson’s Bay Companies, the owner of Saks Fifth Avenue and Lord & Taylor, is looking to reclaim capital, and one of its shareholders has...
Lord & Taylor’s Manhattan flagship to close
June 05, 2018 01:30PM
After 104 years, the Lord & Taylor flagship store at 424 Fifth Avenue is set to close its doors. Hudson’s Bay Company, which owns...
Scotiabank subleases 50K sf from Hudson’s Bay at Brookfield Place
March 02, 2018 04:10PM
Canada’s Scotiabank inked a deal to sublease roughly 50,000 square feet at Brookfield Place from its neighbor Hudson’s Bay Companies, which is one of...
WeWork buys Lord & Taylor flagship for $850M for new world headquarters
October 24, 2017 10:20AM
Facing mounting pressure to shed its real estate assets, Hudson’s Bay Company is selling Lord & Taylor’s flagship store to WeWork and its partner...
This activist investor wants luxury condos in Saks Fifth Avenue
July 31, 2017 05:15PM
Part of Saks Fifth Avenue’s Manhattan flagship store could be turned into luxury condominiums if one activist investor has his way. Jonathan Litt, who...
Saks owner pushed to sell off its RE assets
June 19, 2017 04:20PM
The Canadian company that owns the Saks Fifth Avenue flagship store is under pressure to go private or sell off its real estate assets,...
Saks owner wants real estate spinoff “as quick as possible”
April 06, 2017 10:50AM
The Canadian owner of Saks Fifth Avenue said it may spin off its real estate assets in a separate public company. “We have a...
Lord & Taylor considers stacking apartments and offices on top of its Fifth Avenue flagship
April 03, 2017 09:30AM
Lord & Taylor is mulling over a plan to redevelop its 103-year-old Fifth Avenue flagship store into an office-and-residential tower with room for the...
Hudson’s Bay reportedly in takeover talks with Macy’s
February 05, 2017 10:30AM
It’s a tough out their for massive retailers like Macy’s, but at least somebody still wants to shop there. Macy’s has reportedly received a...
Hudson’s Bay to form joint ventures with US and Canadian REITs
February 25, 2015 03:10PM
Hudson’s Bay Company is forming two new companies that are valued at a total of $3.4 billion. The companies will be positioned for initial public offering...
Saks Fifth flagship is “added gift” for Hudson’s Bay: VIDEO
November 26, 2014 10:15AM
Owning the most valuable retail store in the country is a “little added gift with purchase,” Hudson’s Bay Company Chief Executive Officer Richard Baker...
Pending Downtown office leases could fill 2 million square feet
May 13, 2014 11:44AM
The already low availability rate of Downtown office space is likely to drop even more, as a number of pending leases could take up...
Saks’ rebirth as REIT could save Hudson’s Bay $300M
August 12, 2013 11:00AM
By turning luxury retailer Saks into a real estate investment trust, Hudson’s Bay Company — which acquired it for $2.4 billion late last month...
Hudson’s Bay Company pays $2.4B for premium retailer Saks
July 29, 2013 10:00AM
Canadian retail giant Hudson’s Bay Company will pay $2.4 billion in cash for luxury retailer Saks, the New York Times reported. The deal will also...
Another sponsor unit at 432 Park is off
Normandy, Drake Street refi LIC
with $75M Deutsche loan
EB-5 visa program extended… until Dec. 21
Heatherwood plans another luxury rental project in Williamsburg
The best-capitalized renter at Vornado, Stellar’s 80 North Moore St. just signed a lease extension
December 2018 issue
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