Browsing: bankruptcy

Business
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Loehmann’s discount clothing store at 2027 Emmons Avenue closed for good on Wednesday, wrapping up its seven-week-long closeout sale. We first announced the impending closure of Loehmann’s in early January, after the retailer filed for bankruptcy and won a court decision permitting it to sell of inventory and holdings. Thirty-nine stores in all are now…

Business
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It looks like the controversial and eponymous tenant of the Loehmann’s Seaport Plaza building on Emmons Avenue will soon vacate, following approval from a bankruptcy judge to sell off inventory and holdings. The discount designer apparel retailer is shutting its doors after filing for bankruptcy in December. A judge on Tuesday gave the green light…

Opinion
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Telling Tips is a series of articles from local experts to help you save money, make better decisions and plan for a better future. I remember years ago, passing by R & S Strauss Discount Auto at 2570 Coney Island Avenue on my way to get bagels from Hot Bagels (what’s it called now?) and getting…

Business
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SHEEPSHEAD BITES SCOOP: Venerable metro-area auto repair and supply store Strauss Discount Auto declared Chapter 11 Bankruptcy last night, spurring the surprise closure of more than 50 45 locations and laying off approximately 700 workers. Employees and customers of the chain were equally surprised this morning to arrive at locations in New York, New Jersey and Pennsylvania…

Real Estate
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Telling Tips is a series of articles from local experts to help you save money, make better decisions and plan for a better future. In New York, there is what seems an almost endless debate between buying and renting a home; between owning a piece of property that you can say is yours, versus paying…

News & Features
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Telling Tips is a series of articles from local experts to help you save money, make better decisions and plan for a better future. Okay, so let’s be real here. Whenever anyone discusses Chapter 7 Bankruptcy, inevitably, someone thinks, “Oh, I know what these people do. They max out their cards right before they file…

News & Features
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Telling Tips is a series of articles from local experts to help you save money, make better decisions and plan for a better future. A client came to us recently in our Brooklyn office.  She was being sued by Mel S. Harris & Associates, a collection law firm in New York. Her bank account (actually…

News & Features
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Telling Tips is a series of articles from local experts to help you save money, make better decisions and plan for a better future. Governor Paterson was one of the greatest governors in this state’s history. What’s that? I’m insane? Okay, fine. But here’s the thing: the last bill that Governor Paterson signed into law…

Business
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Elected officials have fired off letters to Stop & Shop, White Rose, D’Agostino Supermarkets, Key Food and Whole Foods in an attempt to find a replacement supermarket for Pathmark on 3785 Nostand Avenue, they announced yesterday. Meanwhile, one media outlet is stirring the Walmart pot.

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