Westfield Sues Victoria’s Secret For $32M Over World Trade Center Store Retailer ‘Abandoned’

The recovery may be in full effect, but legal disputes between retailers and landlords are still piling up.
Unibail-Rodamco-Westfield, which owns the Westfield World Trade Center shopping mall, filed a complaint in the New York Supreme Court last week, arguing Victoria’s Secret has violated the terms of its lease at the center when it “abandoned” its Lower Manhattan store without justification.
The retailer told the landlord back in January that it was leaving, according to Law360, claiming it had the right to leave because its lease features a co-tenancy clause that allowed it to terminate the contract if the landlord did not keep 75% of the…

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