Filing Alert: NoMo SoHo Hotel Owner Chapter 11
NoMo SoHo Hotel Owner Files Chapter 11 in Southern District of New York
Update (Nov. 17, 2025): A comprehensive case summary is now available for the Chapter 11 bankruptcy filing of 9 Crosby LLC.
9 Crosby LLC, a New York, NY-based owner and operator of the NoMo SoHo Hotel, filed for Chapter 11 protection on Nov. 17 in the U.S. Bankruptcy Court for the Southern District of New York.
The filing is intended to facilitate a §363 sale of the hotel, with Dan Hotels Ltd. serving as the $125 million all-cash stalking horse bidder. The company's financial distress stems from the inability of its 99% indirect parent, Sapir Corp. Ltd., to provide capital support due to its own liquidation proceedings in Israel.
The company reports $171.6 million in assets and $103 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-12559.
Key Parties
Counsel:
- Kevin Nash
Goldberg Weprin Finkel Goldstein LLP
Email: [email protected]
Signatories:
- Daniel Sasson – Manager
Equity Security Holders:
- 9 Crosby Mezz LLC – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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