Fayette Realty sues ad agency for lease fees

July 14, 1995

The owner of a downtown office building has gone to court to force a now-closed Baltimore advertising agency into involuntary bankruptcy, saying the agency owes $53,000 in lease fees.

Fayette Realty Holding Co. Inc. of New York filed its petition in U.S. District Court Wednesday against the Barton-Gillet Co.

The small, 75-year-old ad agency closed in April. It had moved from Gay Street offices to One Center Plaza at 120 W. Fayette St. in October 1994.

Fayette Realty, an affiliate of J. P. Morgan Investment Management Co. in New York, took control of the 152,000-square-foot One Center Plaza in January 1994 after its developer, the Manekin Corp., was unable to make payments on its $12.9 million mortgage.

Barton-Gillet began as a financial printing company, later expanding to produce brochures to market colleges and universities.

Officials from the firm could not be reached for comment yesterday.

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