Real Estate

Westfield boots tenant Dune London from long-delayed WTC mall project

therealdeal.comThe operator of the delay-plagued shopping mall project at the World Trade Center gave the boot to one of its tenants, and is now claiming the retailer walked away from its $10 million lease by not taking possession of its space last month.

Los Angeles-based retail real estate investment trust Westfield Corp. is suing the shoe shop Dune London for 10 years’ worth of rent, fees and other charges totaling $10.3 million, according to a complaint filed Thursday in New York State Supreme Court.

The trendy shoe shop “attempt[ed] to walk away from its contractual obligations and default under a retail lease,” the suit claims.

Categories: Real Estate

Tagged as: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s