LONDON — More landlords are taking Twitter to court over unpaid rent, this time at . The social media company’s headquarters in San Francisco and its . British offices — the latest sign that owner Elon Musk’s extreme cost- . Cutting strategy includes not paying the bills.
Twitter is facing a lawsuit for allegedly failing to . Pay rent for its headquarters, according to. California court documents. The owner of its premises in central . London has already said it is taking the company to court over rent arrears.
Musk has been cutting costs since his $44 billion deal to buy Twitter last year. Twitter has already been taken to court this month for falling behind on rent at another . San Francisco office.
It’s the latest legal headache for Musk. Who in recent days has been testifying in a separate class-action lawsuit from . Tesla investors alleging that his 2017 . Tweets misled them about funding the electric car maker’s take.
The billionaire . Tesla CEO’s cost-cutting strategy for Twitter also includes cutting . The company’s workforce and auctioning off memorabilia and fancy office furniture.
Twitter did not respond to a request for comment. After the acquisition of Mask, its communications division was closed.
The owner of Twitter’s San Francisco headquarters, located at 1355 Market St., is suing . The company after it failed to pay its latest monthly rent. According to documents filed Friday in California Superior Court.
The company. Shri Nine Market Square LLC, said Twitter “breached the lease by. Failing to pay monthly rent and more rent” of $3.4 million for January.
Twitter, which has leased three floors in the building since 2011. Fell behind on the same amount of rent in December, which Sri Nine. Market Square recovered from a letter of . Credit that Twitter held as a security deposit, the filing said.
After using those funds, the landlord says . Twitter still owes $3.16 million in unpaid rent and is seeking late fees and interest and attorneys’ fees. The social media company still occupies the property, the landlord said.
In Britain, the Crown Estate launched court proceedings against Twitter after . The company fell behind on rent at its offices near London’s famous Circus.
The Crown Estate, which owns some valuable real estate in central London. Said it had taken action after previous contact with. Twitter about unpaid rent and was in discussions with . The company but provided no further information.
The Crown Estate is a vast property portfolio . That includes much of London’s Regent Street and Windsor estates. It is an run commercial business. Which is public money that funds the official functions of the British Royal Family.
