Speaking of malls and new beginnings, it appears we’ve finally reached the end of the longstanding legal battle between Lord & Taylor and the owners of the former White Flint Mall. The Washington Business Journal reports that Lerner Enterprises and The Tower Cos. have paid the $31 million they owed Lord & Taylor after two judges ruled in favor of the department store. The amount represents financial losses resulting from the demolition of White Flint, which left Lord & Taylor standing alone on Rockville Pike since early 2016. Previously, the mall’s owners had threatened the possibility of scuttling redevelopment plans if they had to pay the judgment. But this week they backtracked, telling Bethesda Beat that a new plan is already in the works.
