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POP Displays USA said it will abandon its facility at 555 Tuckahoe Road, where, as of last month, according to the city, it employed 538 people full time.
The project will build 95 luxury condos on a site previously home to an office building.
Cappelli’s lien “is not entirely invalid on its face,” the judge ruled in denying Old Post Road Associates’ petition to discharge the lien.
The owner of 100 Hillside Ave. seeks a single occupant or multiple tenants to replace the French yogurtmaker when it relocates its Westchester operations next year.
The complex at 120 Old Post Road will offer concierge services, a fitness center and swimming pool, among other amenities.