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BANKRUPTCY - The Local East Village Blog - NYTimes.com


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BANKRUPTCY

Friend House Closes After Bankruptcy Filing


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photo(183)Daniel Maurer Workers removed kitchen items today.

Friend House, an Asian restaurant and lounge that brought in a weekend party crowd, has closed amid a bankruptcy filing, lawsuits, and mounting debt. The deathblow came Monday when a city marshal turned possession of the space over to the landlord.

The eatery at Third Avenue and 13th Street applied for Chapter 11 bankruptcy protection last June, court papers show. At the time, it cited $675,995 in liabilities, including over $491,200 in rent arrears, more than $86,206 owed to Renaissance Development Corp., and smaller debts to food and wine vendors. According to papers filed last week, the company also owes about $87,000 to the New York State Department of Taxation and Finance and about $24,000 to the city Department of Consumer Affairs. Read more…