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Macy’s and Tishman Speyer Plan Major Redevelopment in Downtown Brooklyn

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NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. (NYSE:M) and Tishman Speyer today announced they have signed a real estate purchase and sale agreement that will enable a re-creation of Macy’s Brooklyn store and further enliven one of New York City’s most dynamic, transit-rich neighborhoods. (Editor’s Note: Macy’s, Inc. this morning also issued separate news releases announcing second quarter 2015 sales and earnings, and a joint venture in China.) Under the agreement, Macy’s will continue to own and ope

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