Viewings: Mondays, January 20 & 27, 2020 from 10:00 am – 12:00 noon.
Auction Date & Time: Wednesday, January 29, 2020 at 11:00 am. Registration commences at 9:30 am.
Auction Location: NY LaGuardia Airport Marriott Hotel, 102-05 Ditmars Boulevard, East Elmhurst, NY 11369.
Terms & Conditions of Sale/Bidding Procedures: Property will be sold free and clear of all monetary liens. In order to register to bid, all prospective bidders must present a cashier’s check in the amount of $100,000 made payable to “Alan Nisselson, Chapter 11 Trustee”. Please download the complete Terms and Conditions of Sale.
Buyer’s Premium: A six (6%) percent Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.
Broker Participation: A two (2%) percent commission will be paid to any properly licensed Buyer Broker who registers a Successful Buyer in accordance with the Buyer Broker guidelines. Please download the Broker Participation Form for details.