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WeWork Discloses Vision for Lord & Taylor Flagship

WeWork is moving forward on its transformation of Lord & Taylor on Fifth Avenue and it’s all about preserving the flagship’s iconic features and bringing new retail to the site. On Tuesday, WeWork officials disclosed that plans for the flagship were being presented to Community Board Five’s Landmarks Committee that day, and a final determination on WeWork’s designs and plan for restoring and preserving the Lord & Taylor site would be made in late November. WeWork, WWD has learned, intends to have three floors for retailing, including the lower, main and second levels but it will be new retail and not Lord & Taylor. “In the coming months, we will have more to share on the interior,” said a WeWork official. “We wanted to make sure there was public accessibility,” the official said, explaining some of the rationale for having retail. Regarding the retail concept and what the interior of the store will look like, “We’re not there yet. We are focusing on the exterior.” Exactly what stores or shops move into the site is yet to be determined. However, the official confirmed that a food hall is under consideration. The Lord & Taylor flagship will close sometime early next year after the holiday selling

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