 In 2018, HBC sold the building that housed its flagship Lord & Taylor store on Fifth Avenue in Manhattan to WeWork Property Advisors after pressure from Land & Buildings Investment Management.The deal also included the use of floors of certain HBC-owned department stores in New York, Toronto, Vancouver and Germany as WeWork's shared office workspaces.In August 2019, HBC announced that it would sell their Lord & Taylor business to Le Tote Inc., which was to pay in cash when the deal closes (probably before year end 2019) and an additional two years later.