The Real Deal New York

Greenwich landlord sues Ralph Lauren over unpaid rent

April 26, 2018 02:32PM

This is not a good look for the season. After shuttering its storefront at 265 Greenwich Avenue in May 2017, Ralph Lauren continued to pay rent to the property’s landlord, Thurles LLC, per the lease agreement, which ends in five years. But the LLC alleges in recently filed complaints that the retailer stopped paying its monthly rent of $133,000 in February 2018, racking up nearly $400,000 in unpaid rent since then, Greenwich Time reported. The space is currently available for sublease with RFK. [Greenwich Time]