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Published on 11/30/2023 in the Prospect News Distressed Debt Daily.

225 Bowery reports $116,331 net profit for October

By Sarah Lizee

Olympia, Wash., Nov. 30 – 225 Bowery LLC reported a $116,331 net profit for October on $1.65 million of gross income/sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of October was $8.46 million.

The New York-based hotel property owner filed Chapter 11 bankruptcy on Jan. 24, 2023 under case number 23-10094.


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