NewsLocal News


Documents: New Leaf Market hasn't paid a full month's rent in two years

Posted at 5:17 PM, Dec 27, 2019
and last updated 2019-12-27 17:18:12-05

TALLAHASSEE, Fla. — We're learning more about the future of the New Leaf Market in Tallahassee.

The co-op is battling foreclosure after court documents show they haven't paid a full month's rent since July 2017.

Their landlord is asking for nearly $157,000 in unpaid rent plus interest.

Board of Directors President, Christina Brown, says it's been tough for the company to cover costs after their expansion to Bannerman Crossings didn't work out.

The second location shut down, leaving them with two bills. Now, Brown says they hope to sell their assets for a fresh start.

"This truly is a win-win for owners that want to see a new co-op because although New Leaf may not survive in the long term, that we still don't know, because we still have options on what we want to do with New Leaf," said Brown. "At least we know we can have another co-op with similar offerings."

Brown says the board of directors will meet with owners Saturday morning.