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Published on 10/29/2021 in the Prospect News Distressed Debt Daily.

Tillary Hotel owner reports $221,792 profit for August period

By Sarah Lizee

Olympia, Wash., Oct. 29 – 85 Flatbush RHO Mezz LLC, the owner of the Tillary Hotel in Brooklyn, N.Y., reported a $221,792 profit for August on $666,308 of gross income/sales for the August period, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

The company listed $1.08 million of cash at the end of the month.

The owner of the boutique hotel in Brooklyn, N.Y., filed bankruptcy on Dec. 18, 2020 under Chapter 11 case number 20-23280.


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