July 26, 2007

Laudisio sues 29th Street owner

BOULDER – Laudisio, a local Italian restaurant, has filed a lawsuit in Boulder County District Court against its landlord at Twenty Ninth Street.

The restaurant alleges that Twenty Ninth Street owner The Macerich Partnership LP, the operating partner of The Macerich Company (NYSE:MAC), has caused the restaurant economic losses in excess of $1 million due to less foot traffic than promised and other incurred costs.

Laudisio signed a lease Feb. 28, 2006 to move its restaurant from North Boulder to the new Twenty Ninth Street retail district in Boulder, developed and owned by California-based Macerich. The restaurant opened for business on…

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