On November 6, 2020, 381 Broadway Realty Corp., which owns a single asset of commercial real estate consisting of retail stores and offices located at 381 Broadway in New York, filed for relief under chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (20-12605).  381 Broadway Realty Corp. currently values the single asset of commercial real estate at $19 million.  A link to the Chapter 11 petition can be found here.

Cole Schotz does not represent the Debtor in the case.  We are posting this for informational purposes only.  If you have received a notice and have any questions, you should contact Debtor’s counsel.

Cole Schotz’s nationally renowned Bankruptcy & Corporate Restructuring group practices in Delaware, Maryland, New Jersey, New York, and Texas.