Ronald Domb’s Empire Hotel Group is seeking to tear down a building at 296 Fifth Avenue and build a 20-story hotel there, but one of the NoMad building’s current retail tenants is looking to stay put.
Footwear retailer NY Top Brands will face off in Manhattan Supreme Court next month with lawyers for Empire. Justice George Silver ordered a Nov. 17 hearing on whether NY Top Brands can resolve a default notice issued by Empire at 296 Fifth Avenue. The notice alleges that the retailer failed to maintain proper business interruption insurance. [more]