From left, Arthur has shuttered and today is Demel’s last day, both at the Shops at the Plaza.

When the Viennese bakery Demel closes shop tonight for the last time in the Plaza Retail Collection stores, it will be the fourth retailer in about a month to abandon the troubled below-ground concourse. Demel, which is embroiled in a lawsuit with the owner of the Plaza Hotel, Elad Properties, will serve its last chocolate cake and latte tonight, a lawyer for the company said, and move out of the building at 768 Fifth Avenue over the next few days. A new location has not yet been identified, the attorney said. The retail space at the Plaza has been challenged with lawsuits and vacancies since the iconic Plaza Hotel reopened in 2008 following a $400 million renovation, with tenants and brokers complaining of poor property management and the lack of a coherent marketing plan. [more]