Westfield Group

February 22, 2024

Westfield sued over plans to ditch Fulton Center

A plan from the Westfield Corporation to exit its 20-year retail lease at Fulton Center early is being met with a lawsuit from the New York City Transit Authority. As first reported by Bloomberg, the NYCTA sued Westfield after the mall operator announced it wanted to terminate its lease 10 years in. The suit, which aims to keep Westfield as the mall's operator, claims the transit agency would suffer major financial losses that could impact commuters if Westfield pulled out of the lease.
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