Gap, Inc. is facing potential legal action after the retailer failed to pay rent on one of its Manhattan stores for the months of April and May. The unpaid fees total $530,334 USD, according to a lawsuit against the retailer. The Gap store in question is located at 1212 Avenue of the Americas, close to Times Square. Gap’s landord, 48th Americas LLC, filed the suit on Monday and is also seeking $20,000 USD to cover attorney fees. Crew and True Religion have recently filed for bankruptcy as well, citing the coronavirus lockdowns as cause for slowed business. According to the lawsuit, the more than $500,000 USD owed also includes snow removal and water charges in addition to the unpaid rent.
APPARATUS 