Financial Woes

Landlord Claims It’s Owed $370,666 by the Late, Tortured Mott

It never reopened.
It never reopened.

According to documents placed on the door, the rather ironically named Good Luck Realty Corp. has started eviction proceedings against the owners of the Mott, claiming they owe $370,666.11 plus interest. After almost two years of delays and an ugly ownership squabble that was followed by the loss of its liquor license, the restaurant opened in July of 2009 only to close in October. The landlord’s claim says that Femme Fatale Inc. had agreed to pay $14,175 per month in rent for the upstairs dining room and basement space. However, starting in June of 2009, the owners stopped paying rent, which went up to $15,628, plus a $1,562 monthly late fee, and then to $16,410 plus the late fee. And that’s just the beginning of it.

The owners also failed to pay water and sewer charges totaling $1,987, real-estate taxes totaling $85,323, and building-code violations totaling just over $30,000 (Environmental Control Board records indicate that in April of 2009, contractors installed steel beams without a work permit and failed to remedy the situation when ordered to do so).

Anyway, if you were curious to find out how much it would cost to rent out one of the city’s most fabled spaces (the Double Happiness basement), now you know. Proceed with caution.

Landlord Claims It’s Owed $370,666 by the Late, Tortured Mott