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J. Safra Real Estate sues seven Faneuil Hall tenants for over $2M rent

The landlord says Sugar Factory owes more than $930K and FoMu more than $326K after alleged lease defaults, even as it cites a plan that lifted ground-floor retail occupancy to 93% from 76% in 2024.

Reported · Written up by our desk · Commercial

New York-based J. Safra Real Estate has filed lawsuits against seven current and former tenants at Boston’s Faneuil Hall Marketplace, seeking more than $2 million in alleged unpaid rent, according to court filings first reported by the Boston Business Journal. Tenants named include restaurant and candy store franchise Sugar Factory, ice cream chain FoMu, and Ghirardelli Chocolate Co. Most of the complaints were filed this year, while the Ghirardelli and Lovepop complaints were filed in 2024 and 2025, respectively, the filings show. Bisnow reports that the two largest cases, filed last month, account for more than half of the total unpaid rent. In its July 10 lawsuit against Sugar Factory, J. Safra says the tenant owes more than $930K, covering unpaid rent, interest, and attorney’s fees, after notices issued in January 2026. In a separate July 9 lawsuit against FoMu, the landlord says the ice cream company vacated the Quincy Market space in March 2026 in breach of the lease and failed to respond to a notice, with J. Safra asserting the outstanding rent amount is more than $326K. J. Safra told Bisnow it does not comment on litigation, while also sharing an improvement plan for the property and tenant commitments that it says brought ground-floor retail occupancy to 93% from 76% in 2024.

Latest closeSugar $15.58 ▲2.8%

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