Filing Alert: KRCM 1 Realty Chapter 11

KRCM 1 Realty Corp., a single asset real estate company that owns and operates a multifamily rental complex in Queens, NY,, filed for Chapter 11 protection o...

KRCM 1 Realty Corp., a single asset real estate company that owns and operates a multifamily rental complex in Queens, NY,, filed for Chapter 11 protection on Oct. 23 in the U.S. Bankruptcy Court for the Eastern District of New York.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-44940.

Top Unsecured Claims

Key Parties

Counsel:

Kevin Nash
Goldberg Weprin Finkel Goldstein LLP
Email: knash@gwfglaw.com

Signatories:

Karan Singh – President

Equity Security Holders:

Rajmattie Persaud – 100% Equity Interest