Index Investing News
Sunday, April 26, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Lawsuit alleges Twitter failed to pay rent for Seattle office

by Index Investing News
January 22, 2023
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


The owner of Century Square is suing Twitter over the tech giant’s departure from the downtown Seattle office building and alleges failure to pay rent in December and January. 

A complaint filed in King County Superior Court Thursday alleges Twitter “defaulted by failing to pay the rent owed under the lease for December 2022 and January 2023, and by indicating it would not be paying any rent moving forward.” 

Twitter has vacated the building, according to the complaint. Its lease had been in place since August 2013 and the space fit about 200 people.

The filing does not name a dollar amount Twitter owes, but alleges damages “in an amount owed under the lease for past and future rent” as well as other charges. The complaint seeks damages, attorneys fees and interest. 

Twitter, which laid off its communications department, did not immediately respond to a request for comment submitted via its website Thursday evening. The attorney who filed the complaint on behalf of the building’s owners, Pike Street Investors, and a leasing agent for Century Square did not immediately return requests for comment. 

As Twitter’s new owner, Elon Musk, set about slashing costs at the company late last year, The New York Times and the tech news publication Platformer reported that Twitter planned to close its downtown Seattle office and faced eviction there. 

After the company laid off 208 Washington workers in November and left the office, remaining Seattle employees were reportedly told to work from home. Besides rent, Twitter had also stopped paying for janitorial services at the office.

Last month, on a live forum on Twitter, Musk said the company was on track to have a “negative cash flow situation” of $3 billion in 2022 because of a lack of advertising revenue and increased costs, such as debt payments. The date for the next debt payment, worth $300 million, is next week.



Source link

Tags: allegesFailedlawsuitOfficePayRentSeattleTwitter
ShareTweetShareShare
Previous Post

How To Become A Digital Landlord

Next Post

Netflix, Coinbase, Alphabet, SVB Financial & more

Related Posts

DOJ Drops Powell Probe, Clearing Path For Warsh As Fed Chair

DOJ Drops Powell Probe, Clearing Path For Warsh As Fed Chair

by Index Investing News
April 25, 2026
0

The DOJ dropped its criminal probe of Fed Chair Jerome Powell Friday, clearing a key Senate hurdle for Kevin Warsh’s...

Just Listed | 8801 Wellington View Drive

Just Listed | 8801 Wellington View Drive

by Index Investing News
April 17, 2026
0

Fully reimagined Extended Portland model for Sale in Wellington View WONDERFUL IN WELLINGTON VIEW5 Beds | 4.5 Baths This highly sought-after,...

‘Spectacular’ Stone Estate Built With 100-Year-Old River Beams Lists in Westchester for .8 Million: ‘The Pinnacle of Guard Hill’

‘Spectacular’ Stone Estate Built With 100-Year-Old River Beams Lists in Westchester for $5.8 Million: ‘The Pinnacle of Guard Hill’

by Index Investing News
April 13, 2026
0

A stone mansion in Westchester County that was built as an enduring homage to the spectacular estates of old has...

Two Midwesterners Found Their Oasis in the New Mexico Desert

Two Midwesterners Found Their Oasis in the New Mexico Desert

by Index Investing News
April 9, 2026
0

When Karina Peggau and Kain Lager-Lowe gave themselves a single weekend to find a new house in a city they...

Break Through to a New Level of Production In 120 Days

Break Through to a New Level of Production In 120 Days

by Index Investing News
April 21, 2026
0

What if someone told you there was a program that could help you secure nine signed real estate agreements in...

Next Post
Netflix, Coinbase, Alphabet, SVB Financial & more

Netflix, Coinbase, Alphabet, SVB Financial & more

Is LeBron James playing tonight against the Memphis Grizzlies? | January 20, 2023

Is LeBron James playing tonight against the Memphis Grizzlies? | January 20, 2023

RECOMMENDED

Did Western Wealth Capital Cost Investors Thousands of Dollars?

Did Western Wealth Capital Cost Investors Thousands of Dollars?

April 12, 2024
SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws

SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws

September 19, 2022
Linda Hamilton thinks it’s time for Terminator franchise to end

Linda Hamilton thinks it’s time for Terminator franchise to end

February 26, 2024
Court Sanctions SEC for Misconduct in Debt Box Case

Court Sanctions SEC for Misconduct in Debt Box Case

March 19, 2024
BREAKING: BitMEX Fined 0 Million For US Cash-Laundering Violations

BREAKING: BitMEX Fined $100 Million For US Cash-Laundering Violations

January 15, 2025
SNL’s OG Solid, Jim Henson, Lorne Micheals Attempt to Launch a Present in Chaotic Saturday Evening Trailer

SNL’s OG Solid, Jim Henson, Lorne Micheals Attempt to Launch a Present in Chaotic Saturday Evening Trailer

August 8, 2024
Just Kidding! Jim Jordan To Seek Third Speaker Vote After Chaos Ensues

Just Kidding! Jim Jordan To Seek Third Speaker Vote After Chaos Ensues

October 19, 2023
Patrick Mahomes makes trustworthy admission after Chiefs’ newest loss

Patrick Mahomes makes trustworthy admission after Chiefs’ newest loss

December 8, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In