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Landlord Wants Deceased Shop Operations to Declare Bankrupcty

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It's been a rough year or so for Operations, the made-in-NYC clothing company that used to have boutiques on Ninth Avenue in the Meatpacking District and on Mercer Street in Soho. Not only did the recession force the company to shutter both locations, but its MePa landlord, Chelsea & Village Associates, says Operations owes $360,000 in back rent. According to Crain's, Chelsea & Village just filed a demand for Operations to declare Chapter 7 bankruptcy. This comes after an earlier ruling by a New York City judge who found Operations in breach of contract after it skipped out on its MePa lease, which wasn't due to expire until 2013.
· Soho's Operations Shuts Down, Leaving Clothes Behind [Racked NY]
· Discontinued: Operations Confirms MePa closure [Racked NY]
· Landlord tries forcing retailer into bankruptcy [Crain's]


52-54 Ninth Avenue, New York, NY