Upper East Side CBD Shop Faces Eviction As Landlord Claims Unpaid Rent

UPPER EAST SIDE, NY — An Upper East Side supplement store that specializes in CBD products is facing eviction after its landlord says it hasn’t paid months of rent, court documents show.

CBD Kratom was sued in Manhattan Supreme Court on Wednesday by the owner of his store on Lexington Avenue between East 61st and 62nd Streets.

The location is part of a national scope Chain from shops selling products containing CBD, a non-psychoactive substance derived from cannabis plants; and kratom, an herbal extract. Both are claimed to have health benefits, although the strength of these claims has been challenged for experts.

As of August 2021, CBD Kratom is “in extended default on its payment obligations,” according to attorneys for owner Terrence Lowenberg of Icon Realty Management.

Most recently, Lowenberg’s company filed a default notice on July 14, saying CBD Kratom owed $17,500 for that month, but no payment has been made since then, according to the lawsuit.

The lawsuit seeks to compel CBD Kratom to pay the allegedly lost rent and also evict the store from the building.

A CBD Kratom manager said he was unaware of the lawsuit when reached Thursday, and the store did not immediately return an email seeking comment.

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About the Author: SteveSossin

Welcome! I keep up on all the latest cbd and thc news!