Twitter sued for nonpayment of rent on San Francisco office2023-01-02 18:00 by DanielaTags: Twitter
Twitter's landlord is suing the social media giant for failing to pay rent at its downtown San Francisco office, according to reports. The company owes $136,260 in unpaid rent, according to the lawsuit filed Thursday by Columbia Property Trust. Columbia Reit - 650 California LLC, says it notified Twitter on Dec. 16 that it would be in default on its lease for the 30th floor of the Hartford Building in five days unless the rent was paid. The tenant failed to comply, Columbia Reit said in the complaint, filed Thursday in state court in San Francisco. Two people familiar with matter told The New York Times that Elon Musk has been trying to renegotiate the terms of the lease agreement amid mass layoffs and downsizing. Earlier this week, it was reported that Musk was no longer paying rent on Twitter's Seattle office and was also plotting to shutter one of the firm's New York offices. Read more -here-
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