MTA was bad landlord at Fulton Transit Center for a decade, Westfield says
to get the full version, which includes answers to reader questions, trivia, service changes and more, in your inbox every Thursday.Westfield’s move to break its lease at the Fulton Transit Center over a perceived lack of security was the culmination of years of frustration with the MTA that began before the station even opened.gave it grounds to withdraw early from its 20-year deal to manage retail at the Lower Manhattan station.
“Once Westfield came into possession of the premises, it realized that much of the work that was required to be performed by MTA/NYCTA prior to the delivery of the commercial usage areas was incomplete and/or defective,” the company wrote in a Manhattan federal court filing last Friday. The company demanded a rent reduction in 2018, citing the unfinished construction. The MTA responded with a lawsuit, and the two sides wound up in arbitration. Records in court show arbitrators ruled in favor of Westfield in 2022, awarding the company more than $13 million in restitution and ordering the MTA to make repairs to the station. The MTA has since appealed that judgment.
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