Onyx Equities is preventing a college from subleasing space in Chelsea to keep the building open for its
preferred tenant, according to a lawsuit filed against the company.
The lawsuit, filed by the Charand Real Estate Associates entity Overtime Properties LLC against Onyxaffiliated 320 West 31st Associates LLC, centers on the building at 320 West 31st Street, the former home of TCI College Campus. Charand has owned the property for decades and leased it to TCI College in 1997, but the school stopped paying rent in March, after which Charand began eviction proceedings, the suit says.
Onyx Equities Sued for Blocking Touro College Sublease Onyx Equities Sued for Blocking Touro College Sublease View Article