2 NYC Luxury Hotels Check In To Prepack Ch. 11
Alex Hotel and Flatotel — owned by 205 East 45 LLC and EALC LLC, respectively — filed separate Chapter 11 petitions in New York federal court. Alex Hotel listed assets of $46 million and debts of $131 million, while Flatotel listed assets of $192 million and debts of $270 million.
The midtown Manhattan hotels, both...
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