Eataly's stalled office relocation and new 4 WTC market

May 05, 2015 841

It's taking longer than expected for Eataly to move its corporate headquarters closer to its flagship Italian marketplace on Fifth Avenue. Some are speculating that the delay may be tied to stalled plans for Eataly to take possession of new retail space at 4 World Trade Center, according to the New York Post. But it's unclear how they are linked.

The master lease-holder of the retail space at 4 WTC, Westfield, hasn't given Eataly or any other tenant the keys to their space at the base of the tower. Apparently, there is a dispute between Westfield and the Port Authority of New York and New Jersey over whether construction is complete.

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Source: http://www.crainsnewyork.com/

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