Monday, September 18, 2006

Developer, CVS Battle Over Gallery Place Location

Sometimes, the big glamorous world of real estate development can be tripped up by the most basic landlord-tenant disputes. This week, Yeni Wong, the owner of the building housing the CVS Pharmacy store at the northeast corner of 7th and H Streets NW, filed suit against the retail store for refusing the vacate the space despite receiving an eviction notice this past Spring. Ms. Wong’s development company, Gallery Tower, owns the building at 801 7th Street, and has plans to redevelop this and the next door Kam Fong restaurant building (807 7th Street) into a 50,000-sf, four-level office/commercial space, as well as build her Gallery Square condo project (25 units) on top of the 807 7th Street space. Guess we'll see you in court....


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