Related Companies, landlord of the Shops at Columbus Circle, is suing six of its retail tenants for unpaid rent, which began to accelerate during the early months of the pandemic, PincusCo.com reports.
Suits have been filed against:
- Hugo Boss for $4.2 million
- The Running Specialty Group for $1.05 million
- Cole Haan for $920,813
- Michael Kors for $774,880
- Tumi Stores for $241,003
- Fairway LLC (which owns Solstice Sunglasses) for $291,438.62
The lawsuits were filed Thursday and indicate that some of these retailers have not paid rent since March.
Hugo Boss countersued as its store was closed from March until September 9. The retailer’s countersuit stated that “Nobody can predict if or when Columbus Circle’s millions of annual visitors will return, or when government-mandated social distancing and capacity guidelines will ease, and permit the store to reasonably open at pre-Covid capacity,” according to The Real Deal.
