Deadbeat tenants on one side, demanding lenders on the other — it’s the classic landlord dilemma of the coronavirus era. The retail condominium at 170 Broadway in Lower Manhattan is among the latest properties to feel this double squeeze, as its CMBS lender has cancelled Covid-19 relief all while the sole tenant, Gap Inc., refuses to pay rent — and is even demanding a refund. The property, of which 24.9 percent is owned by Crown
source https://therealdeal.com/2020/07/14/lower-manhattan-retail-condo-squeezed-by-lender-as-gap-refuses-to-pay-rent/
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