Crain’s New York Business A venture of Savitt Partners and French billionaire Marc Ladreit de Lacharriere has sued Italian clothing company Valentino, claiming it is owed $207 million for a broken lease and damages at 693 Fifth Ave in...
The SEC yesterday filed a civil suit alleging that Morningstar Credit Ratings in 2015 and 2016 had allowed for undisclosed adjustments to its CMBS ratings model, impacting the ratings it assigned to 30 deals totaling $30 billion The regulator also...
The Real Deal Stawski Partners has settled a dispute with Gap over unpaid rent at the clothing retailer’s store at 1212 Sixth Ave in Manhattan The New York investment firm, which owns the building, had filed a lawsuit in the Southern District...
The Real Deal Olmstead Properties has filed a lawsuit claiming Dylan’s Candy owes more than $200,000 in unpaid rent for its corporate office at 315 East 62nd St in Manhattan The New York company alleges that Dylan’s vacated its space in...
The Real Deal New York governor Andrew Cuomo is considering allowing restaurants in New York City to resume indoor dining as early as next week The plan would be to limit indoor capacity to 25 percent Cuomo last month suspended indoor dining in the...
Crain’s New York Business Simon Property Group has sued L’Occitane Inc, claiming the skin-care retailer owes more than $37 million in unpaid rent at 40 shopping centers owned by the Indianapolis retail REIT across the country The...
The Real Deal A venture of SHVO, Bilgili Group, Deutsche Finance and BVK is looking to block Ralph Lauren’s plans to sublease 28,300 square feet of ground-floor retail space at 711 Fifth Ave in Manhattan The clothing retailer had closed its...
The Real Deal W Financial REIT has filed a lawsuit in Nassau County, NY, Supreme Court claiming HFZ Capital Group failed to repay debt against five Manhattan properties W Financial provided HFZ a $436 million loan against properties at 150, 152 and...
Commercial Observer Friedland Properties has sued a Buffalo Wild Wings franchisee for more than $3 million in unpaid rent and other fees for its 15,000 square feet of space at 253 West 47th St in Manhattan In the suit, which was filed in Manhattan...
Washington Business Journal WeWork has settled its lawsuit against Property Group Partners, which owns the 414,000-square-foot Capitol Crossing office building in Washington, DC The coworking company in November filed its suit in Washington, DC,...
