This is a public record generated listing.
Assets of New York Hotel Business
Listing Information
Attachments
Assets of New York Hotel Business
Price: $550,000.00
Other Item Info
Item #: nysbke_296425
Created: 12/24/2019
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: Thu. Jan 16, 2020
Created: 12/24/2019
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: Thu. Jan 16, 2020
Seller Info
Arnold Mitchell Greene
Debtor's Attorney
875 Third Avenue 9th Floor
New York, NY 10022
(212) 603-6399
Debtor's Attorney
875 Third Avenue 9th Floor
New York, NY 10022
(212) 603-6399
Bankruptcy Info
Case #: 1:19-bk-13136
Case Title: Franklin NYC LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Franklin NYC LLC
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Franklin NYC LLC, the seller operates the Franklin Hotel, a boutique 50-room hotel, from premises it leases at 164 East 87th Street, New York, New York, on the upper east side of Manhattan. The seller's principal assets consist of its lease, hotel furnishings and inventory, trade name, and executory contracts, and more described as below:
- Supplies and Inventory;
- Furniture, fixtures and equipment used in the operation of the hotel;
- Lease, Promissory Note and Union Contract pursuant to the APA; and
- Goodwill and Website: www.franklinhotel.com.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
Sale Hearing in "Courtroom 617" @ 10:00 a.m.
Last date to respond: January 9, 2020