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Caffé Nero’s Frustration Win

Caffé Nero’s Frustration Win

by Jo Ann Woodsum | Apr 27, 2021 | Commercial Leasing, Covid Coping

In contrast to the recent Gap case involving their NYC 59th & Lex store, NYC location, a Massachusetts court ruled on February 8, 2021, for the tenant. In that case, UMNV 205-207 Newbury, LLC v. Caffé Nero Americas Inc. (2084CV01493-BLS2), the landlord issued a...
Gap Can’t Get No Satisfaction

Gap Can’t Get No Satisfaction

by Jo Ann Woodsum | Apr 20, 2021 | Commercial Leasing, Covid Coping

On March 8, 2021, Gap lost another of its Covid lawsuits, Gap Inc. v. Ponte Gadea N.Y. LLC (No. 20 CV 4541-LTS-KHP), where Gap claimed no rent was owed under its lease for its Gap and Banana Republic stores located at the corner of Lexington and 59th in New York City...
Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties

Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties

by Jo Ann Woodsum | Oct 9, 2020 | Commercial Leasing, Current Developments

Prop 13 For Californians, Proposition 13 has placed a limit on assessed increases in taxes on real estate since its passage in 1978.  To oversimplify, no increases in taxes of more than 2% per annum are allowed unless the real estate is sold or materially improved. ...

Recent Posts

  • Caffé Nero’s Frustration Win
  • Gap Can’t Get No Satisfaction
  • Law Alert: Prop 15 – Repeal of Prop 13 for Commercial Properties
  • Update: Commercial Eviction Moratoria Extended
  • COVID-19 & Force Majeure

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