Prabal Gurung, the designer’s eponymous fashion brand, may have clothed the stars, but is now lagging behind in rent.
GFP Real Estate filed a lawsuit against the company for non-payment of $ 600,000 before August 1. The retailer stopped paying rent in May 2021, according to court documents filed Wednesday with the New York Supreme Court. Prabal Gurung is a commercial tenant on the 15th floor of 247 West 37th Street.
Neither GFP nor Prabal Gurung responded to requests for comment.
Gurung is known for dressing Michelle Obama, Sarah Jessica Parker and Anne Hatway, as well as other celebrities. He founded the brand in 2009 and later partnered with Target to collaborate in the fashion industry. GFP is known for its stake in Flatiron Building…
This isn’t the first time a retailer has stopped paying rent during a pandemic. As homeowners and tenants bang their heads and lawsuits pile up, the judges stay mixed from the question of whether rent will be paid during a pandemic.