NEW YORK — In a dispute that stretches across two adjacent buildings on West 40th Street, Donna Karan’s landlord wants over $1.1 million in back rent.

Donna Karan Co.’s landlord, 240 West 40th, manager of the building at 240 West 40th Street, filed suit against DKC in April for back rent. It said that DKC hasn’t sent a rent check since February, even though the firm has two paying subtenants, LC Libra, a part of Liz Claiborne, and Oxford Industries, in the space. The amount due for base rent on the day the suit was filed was $558,881, with another $568,641 due for rent increases, taxes and electricity.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus