"With real estate developer Aby Rosen no longer attached to the iconic skyscraper, Cooper Union now operates the building solely and faces questions about how to realistically run and update the massive space; Rosen was removed from the leasehold because he owed $21 million in rent. Rosen’s company, RFR Holdings, had been operating the building since 2019 and had been overseeing future dining developments within the building, including the expansion of the London coffee roaster chain WatchHouse Coffee along with the revitalization of the Cloud Club, a lobby diner, and a sushi bar. Rosen’s financial issues extend beyond this property—the Seagram Building that houses Major Food Group’s the Grill “carries nearly $1 billion in mortgage and mezzanine debt that must be refinanced this spring,” according to Crain’s." - Nadia Chaudhury