Times Square JV LLC – With Struggles ‘Dramatically Exacerbated’ by Pandemic, Owner of Crowne Plaza Times Square Property Files Chapter 11; RSA Calls for Filing of Sale or Equitization Toggle Plan
December 28, 2022 – Times Square JV LLC and three affiliated Debtors (“Times Square JV” or the “Debtors”) filed for Chapter 11 protection* with the U.S. Bankruptcy Court in the Southern District of New York (Judge John P. Mastando III), lead case number 22-11715. The Debtors, owners and operators of a mixed-use property in central…