RE: Chal1 May 2019 20:03
The SI Advance also learned that the New York Wheel developer has not terminated its lease agreement with the city and still owes deferred rent. The rent is $1 million each year plus interest, deferred until Nov. 21, 2021. Because the lease remains active, the developer still is accountable for the deferred rent, which totals more than $2.3 million.