The Diocese of Rockville Centre has sold its Pastoral Center, at Sunrise Highway and North Park Avenue in the heart of downtown Rockville Centre, for $5.2 million, church officials announced …
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By Scott Brinton
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3/27/21
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Aside from the slings and arrows thrown more sparingly than usual by President Trump, the nearly two-month-long coronavirus crisis has been largely free of the bitter partisan politics that have roiled our nation in recent years. Until last week, that is.
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4/30/20
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Seasons, the upscale kosher supermarket chain with national ambitions, has filed for bankruptcy, it was reported late Monday.In its Chapter 11 filing, Seasons reported $42 million in debt and $5 …
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By ED WEINTROB and JEFFREY BESSEN
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9/20/18
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The company that owns Twin Rinks — an ice skating facility in Eisenhower Park that opened just over a year ago — has filed for bankruptcy and plans to sell all its assets, But indicated that the facility will remain up and running until new ownership takes over.
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By David Weingrad
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6/11/15
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Q: First, my background is in commercial real estate – I buy, rehab and rent commercial space. But, a peer recently talked to me about buying distressed assets as a …
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By Howard B. Kleinberg
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12/5/14
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Q: I own a seasonal business in Suffolk County wherein most of our sales occur in the summer months. Typically, I am able to pay vendors and other suppliers, who I’ve known for decades, …
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By Edward J. LoBello
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8/13/14
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Founded in Brooklyn 93 years ago, discount clothing retailer Loehmann’s expanded to stores in 11 states, but a U.S. bankruptcy court approved plans on Jan. 8 for a group of three outside groups to conduct “going out of business sales.”
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By Jeff Bessen
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1/9/14
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The fate of Loehmann’s, a discount designer apparel chain that filed for bankruptcy for the third time on Dec. 16 — and which has a location at 1296 Broadway in Hewlett — will be decided at a Jan. 4 hearing at U.S. Bankruptcy Court in Manhattan, according to company spokeswoman Melissa Krantz.
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By Ann Friedman
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1/2/14
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Q: I own a business in Eastern Long Island and recently received a notice from a bankrupt company that we haven’t done business with in years, demanding money and …
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By Howard B. Kleinberg
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8/13/13
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Q: I own a business and one of my customers filed for bankruptcy, is there anything I should do?
A: Yes, there is actually quite a lot you should do, and the explanation of everything would be …
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By Thomas R. Slome
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6/14/13
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