in 2006, lord & taylor was sold to federated department stores (now macy's, inc.). at the time, the company announced that the flagship location would remain in place, in spite of rumors of the flagship store's closure. in the preceding years, 32 other branch locations had been closed. six of the floors were renovated in 2009–2010. during the renovation, a home department was added; the ground floor beauty department was refurbished with brighter lights and a new chandelier; and several windows that were previously located in storage rooms were incorporated into the publicly accessible space.