The initial deal with WeWork was designed to help HBC reduce its debt load and was revealed in October alongside a $500 million investment in HBC from Rhone Capital. The closing of Target ’s $ 850 m purchase of Lord & Taylor ’s flagship Manhattan store has been delayed from 31 August to 1 November . The co - workspace operator has reportedly denied details of the purchase and perhaps lowered the retail portion of the deal .
The closing of Target ’s $ 850 m purchase of Lord & Taylor ’s flagship Manhattan store has been delayed from 31 August to 1 November . The co - workspace operator has reportedly denied details of the purchase and perhaps lowered the retail portion of the deal .