Developers threaten Mahogany's at the Banks with eviction

Developers threaten Mahogany's at the Banks with eviction

CINCINNATI, OH (FOX19) - Managers of The Banks are now threatening Mahogany's with eviction saying the restaurant is behind on their rent by more than $50,000.

FOX19 has uncovered documents that say developers are threatening to evict Mahogany's, a restaurant and bar located at The Banks.

According to a letter sent by the developer to Mahogany's and to City Council, the restaurant's owner owes more than $50 thousand in back rent, assessments and other charges under its lease.

On Friday, another $2,000 in utility charges will be added on.

The owner of The Banks states that if Mahogany's fails to pay back the entire amount it owes in the next ten days, the landlord will explore all available remedies - including raising the rent, suing or "recovery of the premises."

The developer also states that can take legal action to get the rent money.

Earlier in the month, it was revealed that Mahogany's is also behind in its taxes. The state of Ohio in December secured a judgment against Mahogany's At The Banks LLC for $9,671.48 for sales tax and one for $12,424.04 for workers compensation, according to court documents.

To read the full letter, click here.

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