New York Eastern Bankruptcy Court

Case number: 1:26-bk-41683 - 501 Jersey Avenue LLC - New York Eastern Bankruptcy Court

Case Information
Case title
501 Jersey Avenue LLC
Chapter
11
Judge
Jil Mazer-Marino
Filed
04/08/2026
Last Filing
07/21/2026
Asset
Yes
Vol
v
Docket Header

PlnDue, DsclsDue




U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-26-41683-jmm

Assigned to: Jil Mazer-Marino
Chapter 11
Voluntary
Asset


Date filed:  04/08/2026
341 meeting:  05/18/2026

Debtor

501 Jersey Avenue LLC

285 Madison Avenue
4th Floor
New York, NY 10017
NEW YORK-NY
Tax ID / EIN: XX-XXXXXXX

represented by
Brett Silverman

Silveman Law PLLC
4 Terry Terrace
Livingston, NJ 07039
646-281-6008
Email: [email protected]

U.S. Trustee

Office of the United States Trustee

Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
 
 

Latest Dockets
Date Filed#Docket Text
07/20/202625Docket Text
Affidavit/Certificate of Service of Amended Notices of Presentment of Applications to Employ Broker and Counsel Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC (RE: related document(s)8 Application to Employ filed by Debtor 501 Jersey Avenue LLC, 20 Amended Notice of Motion/Presentment filed by Debtor 501 Jersey Avenue LLC, 21 Application to Employ filed by Debtor 501 Jersey Avenue LLC, 22 Amended Notice of Motion/Presentment filed by Debtor 501 Jersey Avenue LLC) (Silverman, Brett) (Entered: 07/20/2026)
07/20/202624Docket Text
Amended Notice of Motion/Presentment for Sale of Property under Sec. 363(b) pursuant to sections 105 and 363 of Title 11, United States Code (11 U.S.C. §§ 101 et seq.), Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure, and Rule 6004-1 of the Court's Local Bankruptcy Rules, for the entry of an order: (i) authorizing and approving the bidding procedures in connection with the sale of the Debtors real property known as and located at 501 Jersey Avenue, New Brunswick, New Jersey 08901 to the highest and or best offer received at an auction of the Property, free and clear of all liens, claims, encumbrances and other interests with such liens, claims, encumbrances and other interests to attach to the proceeds of the sale for good and valuable consideration, substantially in accordance with the terms and conditions set forth herein to the bidder with the highest and or best offer to be considered and approved by the Court at said hearing; (ii) scheduling a public auction sale of the Real Property (the Auction); (iii) approving the terms and conditions for submitting offers and bidding procedures; (iv) approving the form and manner of notice of the Auction and of the hearing before the Court seeking confirmation of the successful bidder to close on the Property (the Sale Hearing); (v) approving the sale of the Property to the successful bidder and granting the successful bidder the full protections of Bankruptcy Code §363(m); and (vii) granting such other, further and different relief as this Court deems just, proper and equitable under the circumstances. Objections to be filed on August 3, 2026. Hearing on Objections, if any, will be held on: TBD by Court. Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC (RE: related document(s)23 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor 501 Jersey Avenue LLC) Order to be presented for signature on 8/5/2026. (Silverman, Brett) (Entered: 07/20/2026)
07/17/202623Docket Text
Motion for Sale of Property under Sec. 363(b) pursuant to sections 105 and 363 of Title 11, United States Code (11 U.S.C. §§ 101 et seq.), Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure, and Rule 6004-1 of the Court's Local Bankruptcy Rules, for the entry of an order: (i) authorizing and approving the bidding procedures in connection with the sale of the Debtors real property known as and located at 501 Jersey Avenue, New Brunswick, New Jersey 08901 to the highest and or best offer received at an auction of the Property, free and clear of all liens, claims, encumbrances and other interests with such liens, claims, encumbrances and other interests to attach to the proceeds of the sale for good and valuable consideration, substantially in accordance with the terms and conditions set forth herein to the bidder with the highest and or best offer to be considered and approved by the Court at said hearing; (ii) scheduling a public auction sale of the Real Property (the Auction); (iii) approving the terms and conditions for submitting offers and bidding procedures; (iv) approving the form and manner of notice of the Auction and of the hearing before the Court seeking confirmation of the successful bidder to close on the Property (the Sale Hearing); (v) approving the sale of the Property to the successful bidder and granting the successful bidder the full protections of Bankruptcy Code §363(m); and (vii) granting such other, further and different relief as this Court deems just, proper and equitable under the circumstances. Objections to be filed on August 3, 2026. Hearing on Objections, if any, will be held on: TBD by Court. Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC. Order to be presented for signature on 8/5/2026. (Silverman, Brett) (Entered: 07/17/2026)
07/13/2026Docket Text
Hearing Held and Adjourned; Appearances: Brett Silverman Representing Debot, Joseph DeSantis Representing Creditor, Joshua Divack Representing Creditor - Status hearing to be held on 10/14/2026 at 10:00 AM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY. (RE: related document(s)6 Order Scheduling Initial Case Management Conference) (tml) (Entered: 07/14/2026)
07/13/2026Docket Text
Hearing Held; Appearances: Brett Silverman Representing Debot, Joseph DeSantis Representing Creditor, Joshua Divack Representing Creditor - (RE: related document(s)10 Motion for Relief from Stay with respect to 501 Jersey Avenue, New Brunswick, NJ 08901 Filed by John P Amato on behalf of White Oak ABL 3, LLC, White Oak Commercial Finance, LLC.) - Granted as set forth on the Record; Submit Order (tml) (Entered: 07/14/2026)
06/25/202622Docket Text
Amended Notice of Motion/Presentment of Application to Retain the Broker. Objections to be filed on July 12, 2026 at 4 pm. Hearing on Objections, if any, will be held on: TBD by Court. Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC (RE: related document(s)21 Application to Employ filed by Debtor 501 Jersey Avenue LLC) Order to be presented for signature on 7/13/2026. (Silverman, Brett) (Entered: 06/25/2026)
06/25/202621Docket Text
Application to Employ James E. Hanson, Inc. DBA NAI James E. Hanson as Real Estate Broker to the Debtor. Objections to be filed on July 12, 2026 at 4 pm. Hearing on Objections, if any, will be held on: TBD by Court. Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC. Order to be presented for signature on 7/13/2026. (Attachments: # 1 Exhibit A - Engagement Agreement # 2 Exhibit B - Affidavit in support # 3 Proposed Order) (Silverman, Brett) (Entered: 06/25/2026)
06/25/202620Docket Text
Amended Notice of Motion/Presentment of Application to Employ Silverman Law PLLC as Counsel to the Debtor. Objections to be filed on July 12, 2026 at 4 pm. Hearing on Objections, if any, will be held on: TBD by Court. Filed by Brett Silverman on behalf of 501 Jersey Avenue LLC (RE: related document(s)8 Application to Employ filed by Debtor 501 Jersey Avenue LLC) Order to be presented for signature on 7/13/2026. (Silverman, Brett) (Entered: 06/25/2026)
06/24/2026Docket Text
Adjourned Without Hearing - Status hearing to be held on 07/13/2026 at 01:00 PM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY. (RE: related document(s)6 Order Scheduling Initial Case Management Conference) (tml) (Entered: 07/07/2026)
06/24/2026Docket Text
Adjourned Without Hearing - Hearing scheduled for 07/13/2026 at 01:00 PM at Courtroom 3529 (Judge Mazer-Marino), Brooklyn, NY.(RE: related document(s)10 Motion for Relief from Stay with respect to 501 Jersey Avenue, New Brunswick, NJ 08901 Fee Amount $199. Filed by John P Amato on behalf of White Oak ABL 3, LLC, White Oak Commercial Finance, LLC.) (tml) (Entered: 07/07/2026)