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Assets of Hotel Business

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Listing Information

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Assets of Hotel Business



Price: Not Specified

Other Item Info
Item #: debke_188924
Created: 07/22/2023
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Location: New York, New York
Sale Date: Tue. Oct 24, 2023
Seller Info
Robert Brady
Debtor's Attorney
1000 North King Street
Wilmington, DE 19801
302-571-1253
Bankruptcy Info
Case #: 1:23-bk-10094
Case Title: 225 Bowery LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Auction Sale of substantially all of assets of 225 Bowery LLC (the “Seller”), including real property of the seller and a hotel thereon located at the location commonly known as 225 Bowery, New York, New York (the “Assets”).

The seller operates a micro hotel boutique in the Lower East Side of Manhattan (the “Hotel”). The Hotel has approximately two hundred fully functional, high-finished guest rooms whose square footage is less than a typical hotel room, along with communal spaces and restaurants which play an important role in guest engagement.


Sale Location

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90 Park Avenue
New York, NY, 10016

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Bid Increment: $250,000.00
  3. Bid Deposit: 10% of the purchase price
  4. Bid Deadline: October 13, 2023
  5. Last date to respond: October 18, 2023


Other Information

Terms and Conditions:

See Attached.


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