May 23, 2025 at 11:59 pm
100 Otter Road
Campbell Hall, NY 10916
Bankruptcy Sale – United States Bankruptcy Court SDNY
In Re: J&K REAL ESTATE INVESTMENT GROUP LLC, – Case No.: 24-35888-KYP
The Country Club at Otterkill
136+ Acre Private Non-Equity Country Club
Expansive Catering Facilities & 6,860 Yard Par 72 Golf Course
Bid Deadline: Friday, May 23, 2025 by 11:59 PM
100 Otter Road, Campbell Hall, Hamptonburgh, Orange County, NY 10916
Additional Structures:
Additional information:
to bid on the Property, an offeror must by 11:59 p.m. on Friday, May 23, 2025 (“Solicitation Period”):
(a) complete and sign Competing Terms and Conditions of Sale, substantially in the form in the Documents Tab;
(b) bid not less than $4,650,000 for the Property; and
(c) deposit the sum of $930,000 (“Deposit”) with the Trustee as earnest money by wire transfer from an account of the offeror, or counsel on the offeror’s behalf, which Deposit will be maintained by the Trustee in a segregated estate account.
to the extent the Trustee receives a higher or better offer for the Property before the expiration of the Solicitation Period, the Trustee shall schedule a date and time to conduct an auction sale of the Property (“Auction”), notice of which will be separately provided by the Trustee.
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Marianne T. O’Toole, Chapter 7 Trustee
LaMonica Herbst & Maniscalco, LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105
Subject to Bankruptcy Court approval, the Property is being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS,” without any representations, covenants, guarantees or warranties of any kind or nature whatsoever, and free and clear of any and all interests including, but not limited to, occupancies, liens, claims, encumbrances, interests, judgments and/or mortgages, or adverse claims to title, of whatever kind or nature (collectively, “Interests”), with such Interests, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the entry of the Order for Relief against the Debtor, and subject to, among other things: (i) any state of facts that an accurate survey may show; (ii) any state of facts a physical inspection may show; (iii) any covenants, restrictions and easements of record; (iv) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (v) environmental conditions.
Neither the Trustee nor any of her representatives make any representations or warranties with respect to the permissible uses of the Property, including, but not limited to, the zoning of the Property. In making an offer, each offeror acknowledges that: (i) it has conducted its own due diligence with respect to the Property; (ii) it is relying solely on its own independent investigation of the Property in making an offer to the Trustee; and (iii) it is not relying on any information provided by the Trustee and her professionals.
