The Real Deal New York

Duane Reade is suing over WTC retail space it still can’t use

Drug store chain claims store isn’t “tenant ready”
By Konrad Putzier | September 10, 2018 03:30PM

Westfield World Trade Center at 185 Greenwich Street (Credit: Getty Images)

More than four years after signing a lease at the Westfield World Trade Center mall, Duane Reade is suing the mall’s owner for failing to hand over the store in “tenant ready condition.”

Duane Reade wants the lease to be voided and a refund on the $171,407 it already spent on the deal, according to a complaint filed in New York Supreme Court Friday. The company claims it signed its lease in May 2014 and that it was promised the space would be ready by June 15, 2015.

A spokesperson for Unibail-Rodamco-Westfield, which operates the mall, did not immediately respond to a request for comment.

In July, Gap sued Westfield for alleged overcharges at two dozen malls. Earlier this year, prior to its $16 billion sale to Unibail-Rodamco, Westfield switched up the leadership of the WTC mall, which has been plagued by empty storefronts.