Tri-State
Shuttered Lord & Taylor targeted for Union County redevelopment
UPDATED, Sept. 27, 2022, 8 a.m.: A closed Lord & Taylor in New Jersey could be tailor-made into a...
Hudson’s Bay Company
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National
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company successfully restructured a massive CMBS loan, reportedly ending an 18-month saga that included accusations of undermining...
National
“Corporate shell game”: Special servicer says Hudson’s Bay undermined $850M loan
The special servicer for an $850 million CMBS deal has accused Hudson’s Bay Company of engaging in a “clandestine...
Retailer Hudson’s Bay pink-slips 500 NYC employees
UPDATED, 5:54 p.m. April 30: Hudson’s Bay Company, the owner of Saks Fifth Avenue, will lay off 507 New...
National
Hudson’s Bay mulls sale of Lord & Taylor
Lord & Taylor may soon have a new owner. Owner Hudson’s Bay Company is considering selling or merging the...
WeWork continues its hunt for investors at $850M Lord & Taylor building
Almost a year after WeWork announced the $850 million acquisition of the Lord & Taylor building in Midtown Manhattan,...
Advice for Hudson’s Bay: build condos
Hudson’s Bay Companies, the owner of Saks Fifth Avenue and Lord & Taylor, is looking to reclaim capital, and one of its shareholders has offered a solution: cash in on condos above its stores....
Lord & Taylor’s Manhattan flagship to close
After 104 years, the Lord & Taylor flagship store at 424 Fifth Avenue is set to close its doors....
Scotiabank subleases 50K sf from Hudson’s Bay at Brookfield Place
Canada’s Scotiabank inked a deal to sublease roughly 50,000 square feet at Brookfield Place from its neighbor Hudson’s Bay...
WeWork buys Lord & Taylor flagship for $850M for new world headquarters
Facing mounting pressure to shed its real estate assets, Hudson’s Bay Company is selling Lord & Taylor’s flagship store...