Gap Sues Landlord For Ending Lease Due To Sandy Damage

Law360, New York (March 22, 2013, 10:51 PM EDT) -- Clothing retailer The Gap Inc. hit the landlord of its South Street Seaport premises in New York City with a lawsuit Thursday after the landlord terminated its lease and gave it until Friday to vacate because of an alleged $4 million in Superstorm Sandy damage to the building.

In a complaint filed in New York state court, Gap argued that landlord South Street LP, which owns the South Street Seaport Fulton Market Building in Manhattan, cannot ask it to leave unless it also asks all its...
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