Hackman Capital Partners is suing Erewhon over unpaid rent — claiming its luxe Culver Steps tenant owes more than $275,000, in a breach-of-contract complaint dated May 21. Their lease agreement was made in June 2021, began June 2023 and isn’t set to expire until May 2038, per the complaint. Per the lease, Erewhon would pay a monthly rent that periodically increased: about $86,500 per month for the first five years, $95,000 per month for the next five and about $105,000 per month for the last five. There are other costs such as common area maintenance and taxes, too, per a […]
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