Real estate developer Arik Kislin, who helped develop N.Y.C.'s Chelsea Market back in the 1990s, is totally on board with Jonathan Litt's hotel pitch for the Lord & Taylor flagship store. "It's a fantastic idea in general," Kislin told me. Earlier this week, word spread that Litt had purchased a 4.3-percent stake in Toronto-based Hudson’s Bay and proceeded to send a letter to the company's board of directors urging a sale of its N.Y.C. real estate assets.
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Chelsea Market Developer Calls Saks/Lord & Taylor Hotel Idea 'Fantastic'
Arik Kislin agrees with Jonathan Litt's idea for Lord & Taylor's New York City real estate.