The Real Deal New York

Swig sues popular FiDi restaurant Demi Monde

August 21, 2012 04:00PM

Embattled landlord Kent Swig, who in June was sued by Bank of America for unpaid loans at his 740 Park Avenue co-op, has another legal issue on his hands, but not one against him. Crain’s reported that Swig has filed a lawsuit against the owners of Demi Monde, a bar and restaurant at 90 Broad Street, claiming that the owners owe more than $100,000 in back rent. Swig also aims to evict Demi Monde from the property.

Demi Monde, which opened this past spring, has not paid its rent from October of last year to May 2012, the lawsuit says — with a past-due amount totaling $110,136. Calls to the bar and eatery were not returned to Crain’s. Swig declined comment.

According to the complaint, the monthly rent between October of last year and March 2012 came in at $12,500, and then increased to $12,719. In early May of this year, Swig’s attorney sent a notice to Demi Monde to pay the rent fees — nothing was received in return. Crain’s said that Swig’s lawyer then sent a notice to cancel the lease as of mid-July. However, the eatery is still reportedly functional. [Crain’s] — Zachary Kussin