In spring 2016, retail-focused investment firm 60 Guilders and the Carlyle Group made a big bet on Soho with one of the priciest retail investment deals ever. In the three years since, all they’ve gotten in return was a soured expansion deal, repeated eviction threats, just two short-term pop up tenants, and finally, a $25 million loss. 60 Guilders and Carlyle have sold the retail co-op unit at 106 Spring Street to SL Green Realty […]
source https://therealdeal.com/2019/04/18/lawsuits-pop-ups-and-ragers-why-60-guilders-took-a-25m-loss-on-its-prized-soho-retail-property/
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