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Everlane Faces More Overdue Rent Claims

WWD·Angela Velasquez·28 days ago
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Everlane may own more overdue rent than what was originally reported last month. This week, the Gazetteer SF reported that the San Francisco–born brand owes overdue rent for 2170 Folsom Street, a neighboring property to its 2150 Folsom Street headquarters. Gazetteer SF said court filings from early April showed that Everlane owes the landlord Charles Barr $25,800, for one month of overdue rent. The amount has ballooned to $119,817.30 since the filing, to include rent from March through May, annual property taxes and late fees. Though the two buildings are separately owned, Gazetteer SF says they’re connected via a bridge. Everlane reportedly occupies both spaces. In a statement to Sourcing Journal, Everlane said it is in active discussions with its landlords to reach a mutual resolution regarding its San Francisco offices, and that it expects those discussions to conclude in the near term. “We are not going to comment on the specific terms of ongoing negotiations,” the company stated.…

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