Wework Buys Lord And Taylor Building -

The acquisition of the historic by WeWork (as part of a joint venture with Rhône Capital ) was a landmark real estate deal that signaled a major shift in Manhattan’s commercial landscape. The Deal Overview

WeWork intended to use the 676,000-square-foot space as its global headquarters and for additional shared office space. wework buys lord and taylor building

The purchase was widely viewed as a symbolic "passing of the torch" from traditional brick-and-mortar retail to the modern, tech-driven coworking economy. The acquisition of the historic by WeWork (as