bankruptcy


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Ex-Barneys CEO Daniella Vitale (Credit: Getty Images, Google Maps)

Barneys’ lights still on, but workers left in dark

As Barneys rushes to liquidate its assets, the fate of its employees is uncertain. And they are not happy...

Barneys’ lights still on, but workers left in dark
55-59 Chrystie Street and Rosewood Realty's Greg Corbin (Credit: Google Maps)

Chinatown mixed-use building heads to bankruptcy auction

A mixed-use property in Chinatown will be auctioned off at the end of January after its owner failed to...

Chinatown mixed-use building heads to bankruptcy auction
227 Grand Street in Williamsburg and Michael Lichtenstein of Heritage Equity Partners (Credit: Google Maps, Heritage Equity Partners)

It’s bankruptcy time for Michael Lichtenstein LLC in Williamsburg

Michael Lichtenstein has filed for Chapter 11 bankruptcy at an apartment building in Williamsburg, but said he plans to...

It’s bankruptcy time for Michael Lichtenstein LLC in Williamsburg
Barney's at 660 Madison Avenue with Ashkenazy Acquisition Corporation's Daniel Levy (Credit: Getty Images, LinkedIn)

Barneys’ flagship Madison Avenue spot will stay open — but with a smaller footprint

Barneys New York’s iconic location on Madison Avenue will stay open for at least the next 12 months —...

Barneys’ flagship Madison Avenue spot will stay open — but with a smaller footprint
(Credit: iStock)

It’s over for Barneys: Luxury retailer to be sold, stores closed

It’s official: Barneys will be sold to Authentic Brands Group and B. Riley for about $270 million. The deal,...

It’s over for Barneys: Luxury retailer to be sold, stores closed
Forever 21 owes these five mall owners $20.9 million, bankruptcy court records show.

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead

When South Korean immigrants Jin Sook and Do Won Chang landed at Los Angeles International Airport in 1981, they had nothing. The couple eventually...

For mall owners like Simon, Brookfield and Vornado, Forever 21 bankruptcy signals more trouble ahead
Blackstone President and COO Jonathan Gray and Stearns Lending CEO David Schneider (Credit: Getty Images)

Blackstone-backed mortgage lender Stearns files for bankruptcy

Stearns Holdings, the parent company of residential mortgage lender Stearns Lending, filed for Chapter 11 protection Tuesday morning after...

Blackstone-backed mortgage lender Stearns files for bankruptcy
One Bennett Park

Going once, going twice? Hudson Heights development site auction is back on

A bankruptcy auction has once again been set for One Bennett Park in Hudson Heights–and this time, it’s for...

Going once, going twice? Hudson Heights development site auction is back on
From left: Topshop and Topman stores at 478 Broadway, Arcadia Group CEO Philip Green, and Vornado CEO Steven Roth (Credit: Getty Images and Google Maps)

US landlords say Topshop owner is freezing them out amid bankruptcy

An obscure UK process known as “company voluntary arrangement” is the heart of a legal dispute involving a group...

US landlords say Topshop owner is freezing them out amid bankruptcy
Clockwise from left: 119 Rogers Avenue, 325 Franklin Avenue, 53-55 Stanhope Street and 73 Empire Boulevard (Credit: Google Maps)

Amid fraud case, a bevy of Brooklyn properties end up in bankruptcy court

Nearly 20 limited liability companies for individual multifamily buildings that are linked to a federal fraud complaint are now...

Amid fraud case, a bevy of Brooklyn properties end up in bankruptcy court
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