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Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

by Phil Hall | Jan 19, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A federal bankruptcy judge approved the $451 million sale of a 93-building portfolio encompassing more than 5,100 rent-stabilized apartments in New York City, ignoring efforts by Mayor Zohran Mamdani to block the transaction. The Gothamist reports the real estate firm...
Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hilco Real Estate LLC and Jefferies LLC are managing the sale of the 377 real estate assets that are part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. The sale includes 44 owned and 333 leased properties across Arizona, California, Nevada and...
Bids Welcomed on NYC Hotel in Bankruptcy Sale

Bids Welcomed on NYC Hotel in Bankruptcy Sale

by Phil Hall | Sep 11, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hilco Real Estate LLC announced Sept. 27 will be the qualified bid deadline for the Chapter 11 bankruptcy sale of the 15-story Hudson River Hotel in New York City. Located at 442 West 36th St., the 56-room hotel was built in 1999 and features a newly renovated lobby...

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