Westfield signed a 20-year lease with the MTA, but wants to exit operations at Fulton Center more than 10 years before the end of the deal, according to a…
The MTA is suing Westfield in hopes of keeping the mall manager from pulling out of Fulton Center in Lower ManhattanThe company that runs the Fulton Center mall told the MTA last month it wants out of its lease because of crime and homelessness issues.more than 10 years before the end of the deal, according to a lawsuit the New York City Transit Authority filed days after receiving the news from the mall operator.
Currently, there are a number of vacant stalls in the massive glass mall with just a few big name tenants left. Most of the store operators are gone. Westfield is using some of the vacant storefronts as art gallery space."Some of the art is good, coming from an art person I do like what they are doing with the vacancy," said commuter Leon Singh.
"NYCTA will face irreparable injury if Westfield abandons the Fulton Center in derogation of its Lease obligations by advancing its own self-serving business interests over the interests of NYCTA, retail establishments in the Fulton Center, and members of the public," the lawsuit said.Westfield has not responded to requests for comment from NBC New York.
There are three legal reasons Westfield could break its long-term lease, but crime and homelessness are not included in those reasons, according to the MTA. The MTA said in the lawsuit it offered to work with Westfield to address its"operational concerns."
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