One of Twitter’s landlords is suing the social media company, alleging that it owes $136,260 in unpaid rent for a San Francisco office.
The lawsuit, filed on Thursday, is about Twitter’s office in the Hartford Building, not its headquarters on Market Street in San Francisco. It claims Twitter violated its lease for the 30th floor of the Hartford Building “by failing to pay rent due.”
On December 16, the landlord of the Hartford Building, located at 650 California Street, served Twitter with a default notice, informing the company that it had five days to pay the rent or the lease would be terminated.
According to a copy of the notice attached to the lawsuit, which was first reported by Bloomberg, one of Twitter’s landlords is suing the social-the terms of the lease.
If Twitter does not pay, the landlord, Columbia Reit – 650 California, may take legal action, such as initiating eviction proceedings and suing Twitter for breach of contract, according to the notice.
According to court documents, Twitter’s office at the Hartford Building occupies the entire 30th floor of the 34-story tower and covers approximately 15,500 square feet. Since October 2022, Twitter has sublet the office to Dentsu International Americas, a Japanese marketing and public relations firm.
Twitter, Columbia Reit – 650 California, and Dentsu did not respond immediately to Insider’s requests for comment, which were made after normal business hours.
Since acquiring Twitter in late October, Elon Musk has implemented extensive cost-cutting measures, including the layoff of more than half of the company’s employees. He’s also reduced employee perks like free food and work trips.
The New York Times reported in mid-December that Twitter was weeks behind on rent payments for its Market Street headquarters and other global offices in San Francisco.
Credit Suisse, Affirm, and WeWork are among the other companies with offices in the Hartford Building.
Musk is the world’s second-richest person, with an estimated net worth of $137 billion.