Schulte Roth & Zabel has filed a $10 million lawsuit claiming that its Manhattan landlord failed to abide by lease provisions requiring rent abatement in an emergency.
The lawsuit, filed Friday in Manhattan state court, says the COVID-19 pandemic is a public health emergency that prevented it from using its office space, report Thomson Reuters Legal, the New York Law Journal and Law360.
Schulte Roth cites a lease provision that entitles it to abatement when it can’t use its offices for the ordinary conduct of business for more than 15 consecutive days because of “unavoidable delays.”
