Long Island Castle Owner Files Ch. 11 To Stall Foreclosure

By Vince Sullivan · August 1, 2025, 7:21 PM EDT

The owner of a century-old castle on Long Island's Gold Coast filed for Chapter 11 protection late Thursday in New York bankruptcy court, saying it wants to stop a foreclosure sale...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Kahn Property Owner LLC, the owner of a century-old castle on Long Island's Gold Coast filed for Chapter 11 protection in New York, saying it wants to stop a foreclosure sale.

Case Number

8:25-bk-72946

Judge

Louis A. Scarcella

Venue

U.S. Bankruptcy Court for the Eastern District of New York

Capital Structure

Total Liabilities:

$63 million

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

Kahn Property Owner, LLC

Case Number

8:25-bk-72946

Court

New York Eastern

Nature of Suit

Date Filed

July 31, 2025

Recent Articles By Vince