bankruptcy


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Town Sports International CEO Patrick Walsh (Credit: JoJosh313; Getty)

Bankrupt New York Sports Clubs owner makes lender-takeover deal

Town Sports International Holdings, the bankrupt owner of New York Sports Clubs, has reportedly worked out a takeover deal...

Bankrupt New York Sports Clubs owner makes lender-takeover deal
Regus CEO Mark Dixon with 175 Pearl Street in Brooklyn, 1325 Sixth Avenue and 1501 Broadway (Regus, Google Maps)

Regus throws 6 NYC locations into bankruptcy

Short-term office company Regus put half a dozen of its New York City workcenters into bankruptcy as the company...

Regus throws 6 NYC locations into bankruptcy
Winick Realty Group CEO Jeff Winick

Jeff Winick files for personal bankruptcy

Jeff Winick, the CEO and founder of Winick Realty Group and one of New York’s top retail brokers, has filed for personal bankruptcy. In Chapter 7 bankruptcy filings recorded Aug. 27, Winick claims to...

Jeff Winick files for personal bankruptcy
Town Sports International CEO Patrick Walsh (Credit: JoJosh313; Getty)

Dead weight: New York Sports Clubs owner files for bankruptcy

The owner of New York Sports Clubs can’t run away from the pandemic. Town Sports International — which owns...

Dead weight: New York Sports Clubs owner files for bankruptcy
From left: J.C. Penney CEO Jill Soltau, Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Brookfield Property Partners CEO Brian Kingston (Getty)

Authentic Brands in talks to join J.C. Penney takeover

Authentic Brands, one of the most active bidders on bankrupt retail, is joining a deal to take over J.C....

Authentic Brands in talks to join J.C. Penney takeover
Maison Kayser USA CEO Jose Alcalay (LinkedIn; Tools of Men via Flickr; Maison Kayser)

Maison Kayser files for bankruptcy with plans for sale

Days after firing its New York staff, the owner of bakery chain Maison Kayser has filed for bankruptcy, with...

Maison Kayser files for bankruptcy with plans for sale
Century  21 will wind down operations at its 13 stores (Getty)

Century 21 Stores files for bankruptcy, blames insurers

UPDATED, Sept. 10, 12:40 p.m.: Century 21 Stores is the latest retailer to file for bankruptcy, and it blames...

Century 21 Stores files for bankruptcy, blames insurers
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

J.C. Penney saved by Simon and Brookfield

J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and Brookfield will pay about $300 million in cash and assume $500...

J.C. Penney saved by Simon and Brookfield
(iStock)

Malls to reopen, but what can shoppers expect?

It’s been five months since anyone in New York City said, “Get in loser, we’re going shopping.” And when...

Malls to reopen, but what can shoppers expect?
(iStock)

Regus bankruptcy would put nearly $13B in CMBS loans at risk

Hit hard by its subtenants’ inability to pay on time, an affiliate of executive suites and co-working company International...

Regus bankruptcy would put nearly $13B in CMBS loans at risk
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