3 ms·

They got evicted from the Boulder, CO office https://arstechnica.com/tech-policy/2023/06/judge-ruled-twitter-must-be-evicted-from-colorado-office-over-unpaid-re

by sp332 3y ago

They got evicted from the Boulder, CO office https://arstechnica.com/tech-policy/2023/06/judge-ruled-twitter-must-be-evicted-from-colorado-office-over-unpaid-rent/ https://arstechnica.com/tech-policy/2023/06/judge-ruled-twit... and the Singapore office https://observer.com/2023/01/twitter-employees-evicted-singapore-office-rent/ https://observer.com/2023/01/twitter-employees-evicted-singa... I know they were sued in San Francisco and London as well, but I can't find how those suits turned out. Edit: Bloomberg says they finally paid rent in London and the suit was dropped. https://www.bloomberg.com/news/articles/2023-05-03/twitter-s-unpaid-bills-create-another-headache-for-elon-musk https://www.bloomberg.com/news/articles/2023-05-03/twitter-s... (https://archive.is/3e0Eh https://archive.is/3e0Eh) Edit2: A lawsuit in Oakland and a different one in SF were "dropped" and no one seems to know why. https://therealdeal.com/sanfrancisco/2023/07/03/twitter-rent-update-kkr-drops-oakland-suit/ https://therealdeal.com/sanfrancisco/2023/07/03/twitter-rent...

washadjeffmad 3y ago
If I were a billionaire and wanted out of leases on properties in Oakland and SF, I might submit plans to convert them into shelters or free clinics for the thousands there displaced by tech gentrification, or to do the same near every other hard asset owned by the same group. Their investors probably didn't enjoy the taste of not being the big fish for once. Being sued is really just opening negotiations.
- gtsteve 3y ago
  I love the idea, unfortunately having read a few of these contracts (albeit not for a space so large), they do specify what the premises are to be used for and what they should not - I read one which specifically mentioned that paintballing or adjacent activities was not allowed, which makes me wonder if there was a story behind that. It would be very easy to terminate the lease for breach of contract sadly.
  - CraigRo 3y ago
    Lucent had a floor turned over for roller hockey. I assume some dot com in the early 00s gave up space and the employees used it for paintball

by sp332 3y ago

washadjeffmad 3y ago

If I were a billionaire and wanted out of leases on properties in Oakland and SF, I might submit plans to convert them into shelters or free clinics for the thousands there displaced by tech gentrification, or to do the same near every other hard asset owned by the same group. Their investors probably didn't enjoy the taste of not being the big fish for once. Being sued is really just opening negotiations.

gtsteve 3y ago
I love the idea, unfortunately having read a few of these contracts (albeit not for a space so large), they do specify what the premises are to be used for and what they should not - I read one which specifically mentioned that paintballing or adjacent activities was not allowed, which makes me wonder if there was a story behind that. It would be very easy to terminate the lease for breach of contract sadly.
- CraigRo 3y ago
  Lucent had a floor turned over for roller hockey. I assume some dot com in the early 00s gave up space and the employees used it for paintball