The landlord for South Florida’s most well-known strip club is being sued for foreclosure on the nearly five-acre piece of property that King of Diamonds calls home.
A lawsuit filed last week (and first reported by the South Florida Business Journal) accused the landlord, Brooklyn-based Kodrenyc, LLC, of not making payments on its $5.3 million mortgage since May.
According to the suit, the landlord was hit with a default notice on May 12 after Kodrenyc allegedly failed to pay both its $4 million principal and the $1.3 million in unpaid interest accrued since the company first took on the loan in 2014. The lender, 17800 State Road 9 Lender LLC, wants to take ownership of the 60,622-square-foot strip warehouse, 17800 Ipco Road in North Miami-Dade, and appoint someone to collect rent.
Calls to Anthony Carriuolo, the lawyer representing the lender, and the strip club were not returned. No lawyer is listed to defend the strip club’s landlord.