In suing their Times Square landlords, Gap and Old Navy cite a city law that protects their lease during the pandemic, even if they didn’t pay rent. Now that may come back to bite them. The law, which prohibits a landlord from harassing a commercial tenant hurt by Covid-19, is among three statutes being challenged by two small landlords. Documents filed in court today say big retailers’ lawsuits show the protections go too far —
source https://therealdeal.com/2020/07/23/city-protects-big-companies-hurts-small-landlords-lawsuit/
No comments:
Post a Comment