CHANEL

The new landlord of an old Chinatown shop that was repeatedly raided by counterfeit-merch cops this past summer has counter-sued the city for $8.5 million in damages.The offending retailer, known as G.T. Trading, has since been booted from the premises, located at 196 Grand Street, and the landlord claims to have even removed the former tenant's secret stash room.

Yet, an ongoing court injunction prevents the owner from leasing out the now-vacant 400-square-foot space and may further cause the owner to default on his mortgage, according to court papers.  read more »