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Published on 3/24/2023 in the Prospect News Distressed Debt Daily.

225 Bowery reports $68,301 net profit for February

By Sarah Lizee

Olympia, Wash., March 24 – 225 Bowery LLC reported a $68,301 net profit for February on $638,218 of gross income/sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

The cash balance at the end of the month was $5.46 million.

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


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