homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Subscriber content preview

June 5, 2020

Mall sues Gap for rent on shut stores

NEW YORK (AP) — Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic.

Mall owner Simon Property Group said in a lawsuit filed this week that the clothing retailer owes three months of rent, totaling $65.9 million. Gap Inc. has more than 390 stores at Indianapolis-based Simon's malls, including its namesake brand, Old Navy and Banana Republic.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.