Gap Sued Over Unpaid Rent on Times Square Store

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. According to the lawsuit, the more than $500,000 USD owed also includes snow removal and water charges in addition to the unpaid rent. Gap's landord, 48th Americas LLC, filed the sui...