The complaint by the firm’s former president of the valuation and advisory practice group for the Americas Nicole Urquhart-Bradley bears some similarities to a lawsuit previously filed by Maria Sicola.
The complaint against Bruce Schanzer was filed by Nancy Mozzachio, the grocery-anchored REIT’s former COO, in New York State Supreme Court in Kings County in November 2017.
The national occupancy rate dropped to 81.7 percent during the months of April to June, a 79 basis point drop from the quarter before, according to a quarterly report from the NIC.