Tillary Hotel owner reports $394,918 loss for October period

By Sarah Lizee

Olympia, Wash., Jan. 12 – 85 Flatbush RHO Mezz LLC, the owner of the Tillary Hotel in Brooklyn, N.Y., reported a $394,918 loss for October on $147,947 of gross income/sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company posted a $394,918 profit for September on $786,529 of gross income/sales.

The company listed $899,612 of cash at the end of October, compared to $1.35 million at the end of September.

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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