Gap’s landlord in the Financial District claims it is in danger of losing its property because the retailer refuses to pay rent. The Chera family’s Crown Acquisitions is in default on the $70 million mortgage covering the retail condo that houses Gap’s store on Broadway at the corner of Maiden Lane, the landlord revealed in court documents. Crown, which along with Morgan Stanley owns the retail condo at 170 Broadway, received notice on July 21
source https://therealdeal.com/2020/08/03/gap-landlord-defaults-on-70m-fidi-loan/
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