Define: Business Bankruptcy From Hollywood To Harlem

We define a business bankruptcy as an insolvency proceeding in which a business debtor’s assets are liquidated. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any…

Bankruptcy Court Approves Sale Of Lane Bryant And Other Brands

A bankruptcy court in Richmond, Va., has approved a deal giving new life to Lane Bryant that has a store in Harlem and several other apparel brands. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You…

GNC Files For Bankruptcy Due To COVID-19 And Declining Sales

Vitamin and dietary supplement company GNC has filed for bankruptcy. GNC cited, among other reasons, the financial toll of the COVID-19 pandemic. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent…

Nine West Files For Bankruptcy Protection From Harlem To Hollywood

NY Crains reports that with a location at  282 St Nicholas Avenue in Harlem, Nine West Holdings Inc., filed for bankruptcy protection with a plan to sell some assets and reorganize others, after too much debt felled the shoe and clothing company controlled by Sycamore Partners. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact…

RWN Buys Harlem Bankruptcy Site At Auction

Ari Shalam’s RWN Real Estate Partners emerged as the top bidder in a bankruptcy auction to buy Hans Futterman’s distressed development site in Harlem. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent…

Distressed Harlem site heading to bankruptcy auction

Developer Hans Futterman’s vacant Harlem site at 300 West 122nd Street, which fell into foreclosure last year,  has hit another snag said source. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You can revoke your…

Fairway Puts Itself On Path To Bankruptcy

With a Fairway in West Harlem, Harlemites are very interested in updates regarding the store. .Struggling grocer Fairway Group Holdings Corp. has reached a tentative deal with creditors to restructure its debt in bankruptcy, according to people familiar with the matter. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this…

American Apparel With Stores In Harlem Files For Bankruptcy

Business of Fashion reports that American Apparel Inc., the Los Angeles-based seller of t-shirts and underwear, with two locations in Harlem, filed for bankruptcy protection as it reorganizes its debt. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing…

Harlem Family Dental Plaza Files Chapter 7

Harlem Family Dental Plaza, 1916 Third Avenue in East Harlem, New York has filed for Chapter 7 bankruptcy on Aug. 18. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to…

Carol’s Daughter Files Chapter 11

The Wall Street Journal reports that companies affiliated with Harlem mainstay Carol’s Daughter filed for Chapter 11 bankruptcy protection Thursday in connection with the beauty brand’s move to close most of its stores. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this form, you are consenting…

Ashley Stewart in Harlem Files Chapter 11

With two stores in Harlem the New Jersey-based plus-sized fashion retailer Ashley Stewart filed a voluntary petition under Chapter 11 on Monday in Newark that will allow the company to file for bankruptcy and restructure its financials. Become a Harlem Insider! Sign-Up for our Newsletter *Constant Contact Use. Please leave this field blank.By submitting this…