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20-12960-sccDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 1 of 48Main DocumentFill in this information to identify your case:United States Bankruptcy Court for the:SOUTHERN DISTRICT OF NEW YORKCase number (if known)Chapter11Check if this anamended filingOfficial Form 201Voluntary Petition for Non-Individuals Filing for Bankruptcy04/20If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and the case number (ifknown). For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.1.Debtor's name2.All other names debtorused in the last 8 years203 W 107th Street LLCInclude any assumednames, trade names anddoing business as names3.Debtor's federalEmployer IdentificationNumber (EIN)82-42484294.Debtor's addressPrincipal place of businessMailing address, if different from principal place ofbusinessc/o Emerald Equity Group LLCOne Battery Park Plaza,Suite 3100New York, NY 10004PO BOX 967New York, NY 10272Number, Street, City, State & ZIP CodeP.O. Box, Number, Street, City, State & ZIP CodeNew YorkLocation of principal assets, if different from principalplace of businessCounty203 W 107th Street New York, NY 10025Number, Street, City, State & ZIP Code5.Debtor's website (URL)6.Type of debtorCorporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))Partnership (excluding LLP)Other. Specify:Official Form 201Voluntary Petition for Non-Individuals Filing for Bankruptcypage 1
20-12960-sccDebtorDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 2 of 48Main DocumentCase number (if known)203 W 107th Street LLCName7.Describe debtor's businessA. Check one:Health Care Business (as defined in 11 U.S.C. § 101(27A))Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))Railroad (as defined in 11 U.S.C. § 101(44))Stockbroker (as defined in 11 U.S.C. § 101(53A))Commodity Broker (as defined in 11 U.S.C. § 101(6))Clearing Bank (as defined in 11 U.S.C. § 781(3))None of the aboveB. Check all that applyTax-exempt entity (as described in 26 U.S.C. §501)Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor.See ation-naics-codes.53138.Under which chapter of theBankruptcy Code is thedebtor filing?Check one:Chapter 7Chapter 9A debtor who is a “smallbusiness debtor” must checkthe first sub-box. A debtor asdefined in § 1182(1) whoelects to proceed undersubchapter V of chapter 11(whether or not the debtor is a“small business debtor”) mustcheck the second sub-box.Chapter 11. Check all that apply:The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its aggregatenoncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than 2,725,625. If this sub-box is selected, attach the most recent balance sheet, statement ofoperations, cash-flow statement, and federal income tax return or if any of these documents do notexist, follow the procedure in 11 U.S.C. § 1116(1)(B).The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate noncontingent liquidateddebts (excluding debts owed to insiders or affiliates) are less than 7,500,000, and it chooses toproceed under Subchapter V of Chapter 11. If this sub-box is selected, attach the most recentbalance sheet, statement of operations, cash-flow statement, and federal income tax return, or ifany of these documents do not exist, follow the procedure in 11 U.S.C. § 1116(1)(B).A plan is being filed with this petition.Acceptances of the plan were solicited prepetition from one or more classes of creditors, inaccordance with 11 U.S.C. § 1126(b).The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities andExchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File theAttachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11(Official Form 201A) with this form.The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.Chapter 129.Were prior bankruptcycases filed by or againstthe debtor within the last 8years?No.Yes.If more than 2 cases, attach aseparate list.10. Are any bankruptcy casespending or being filed by abusiness partner or anaffiliate of the debtor?List all cases. If more than 1,attach a separate listDistrictWhenCase numberDistrictWhenCase numberNoYes.DebtorDistrictOfficial Form 201RelationshipWhenVoluntary Petition for Non-Individuals Filing for BankruptcyCase number, if knownpage 2
20-12960-sccDebtorDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 3 of 48Main DocumentCase number (if known)203 W 107th Street LLCName11. Why is the case filed inthis district?Check all that apply:Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediatelypreceding the date of this petition or for a longer part of such 180 days than in any other district.A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.12. Does the debtor own orhave possession of anyreal property or personalproperty that needsimmediate attention?NoYes.Answer below for each property that needs immediate attention. Attach additional sheets if needed.Why does the property need immediate attention? (Check all that apply.)It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.What is the hazard?It needs to be physically secured or protected from the weather.It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).OtherWhere is the property?Number, Street, City, State & ZIP CodeIs the property insured?NoYes.Insurance agencyContact namePhoneStatistical and administrative information13. Debtor's estimation ofavailable funds.Check one:Funds will be available for distribution to unsecured creditors.After any administrative expenses are paid, no funds will be available to unsecured creditors.14. Estimated number ofcreditors1-4915. Estimated Assets16. Estimated liabilitiesOfficial Form 050,001-100,000More than100,000 0 - 50,000 50,001 - 100,000 100,001 - 500,000 500,001 - 1 million 1,000,001 - 10 million 10,000,001 - 50 million 50,000,001 - 100 million 100,000,001 - 500 million 500,000,001 - 1 billion 1,000,000,001 - 10 billion 10,000,000,001 - 50 billionMore than 50 billion 0 - 50,000 50,001 - 100,000 100,001 - 500,000 500,001 - 1 million 1,000,001 - 10 million 10,000,001 - 50 million 50,000,001 - 100 million 500,000,001 - 1 billion 1,000,000,001 - 10 billion 10,000,000,001 - 50 billionMore than 50 billion50-99100-199200-999 100,000,001 - 500 millionVoluntary Petition for Non-Individuals Filing for Bankruptcypage 3
20-12960-sccDebtorDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 4 of 48Main DocumentCase number (if known)203 W 107th Street LLCNameRequest for Relief, Declaration, and SignaturesWARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to 500,000 orimprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.17. Declaration and signatureof authorizedrepresentative of debtorThe debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.I have been authorized to file this petition on behalf of the debtor.I have examined the information in this petition and have a reasonable belief that the information is true and correct.I declare under penalty of perjury that the foregoing is true and correct.Executed onDecember 28, 2020MM / DD / YYYYX/s/ Ephraim DiamondEphraim DiamondSignature of authorized representative of debtorPrinted nameTitle18. Signature of attorneyXChief Restructuring Officer/s/ Mark FrankelDate December 28, 2020MM / DD / YYYYSignature of attorney for debtorMark FrankelPrinted nameBackenroth Frankel & Krinsky, LLPFirm name800 Third AvenueNew York, NY 10022Number, Street, City, State & ZIP CodeContact phone(212) 593-1100Email addressmfrankel@bfklaw.com8417 NYBar number and StateOfficial Form 201Voluntary Petition for Non-Individuals Filing for Bankruptcypage 4
20-12960-sccDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 5 of 48Main DocumentFill in this information to identify the case:Debtor name203 W 107th Street LLCUnited States Bankruptcy Court for the:SOUTHERN DISTRICT OF NEW YORKCase number (if known)Check if this is anamended filingOfficial Form 202Declaration Under Penalty of Perjury for Non-Individual Debtors12/15An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit thisform for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and anyamendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the document,and the date. Bankruptcy Rules 1008 and 9011.WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud inconnection with a bankruptcy case can result in fines up to 500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341,1519, and 3571.Declaration and signatureI am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or anotherindividual serving as a representative of the debtor in this case.I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)Schedule H: Codebtors (Official Form 206H)Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)Amended ScheduleChapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)Other document that requires a declarationI declare under penalty of perjury that the foregoing is true and correct.Executed onX /s/ Ephraim DiamondSignature of individual signing on behalf of debtorDecember 28, 2020Ephraim DiamondPrinted nameChief Restructuring OfficerPosition or relationship to debtorOfficial Form 202Declaration Under Penalty of Perjury for Non-Individual DebtorsSoftware Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.comBest Case Bankruptcy
20-12960-sccDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 6 of 48Main DocumentFill in this information to identify the case:Debtor name 203 W 107th Street LLCUnited States Bankruptcy Court for the: SOUTHERN DISTRICT OF NEWYORKCase number (if known):Check if this is anamended filingOfficial Form 204Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims andAre Not Insiders12/15A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which thedebtor disputes. Do not include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do notinclude claims by secured creditors, unless the unsecured claim resulting from inadequate collateral value places the creditoramong the holders of the 20 largest unsecured claims.Name of creditor andName, telephone number Nature of claimcomplete mailing address, and email address of(for example, tradeincluding zip codecreditor contactdebts, bank loans,professional services,and governmentcontracts)A B EC. Corp487 Bronxville RoadBronxville, NY 10708All Make Appliance15 Ryans WayJackson, NJ 08527Archrock LLCPO BOX 967New York, NY 10272Big Apple ElevatorIndustriesPO Box 1337New York, NY 10156City WideExterminatingPO Box 2018Doylestown, PA18901Con EdisonOrange andRockland Utilities390 West Route 59Att AccountsPayableSpring Valley, NY10977County Oil Co1873 42nd StreetAstoria, NY 11102DMT Plumbing &Heating Corp388 E. 198 St.Bronx, NY 10458Official form 204Indicate if claimis contingent,unliquidated, ordisputedAmount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.Total claim, ifDeduction for valueUnsecured claimpartially securedof collateral or setoff 1,415.00 1,836.17 674.79 14,021.67 936.00Gas & Electric 4,429.81 5,022.53203 East 107thStreetNew York, NY10025Unliquidated 2,803.53 7,000,000.00Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claimsSoftware Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com 2,803.53page 1Best Case Bankruptcy
20-12960-sccDebtorDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 7 of 48Main DocumentCase number (if known)203 W 107th Street LLCNameName of creditor andName, telephone number Nature of claimcomplete mailing address, and email address of(for example, tradeincluding zip codecreditor contactdebts, bank loans,professional services,and governmentcontracts)EXECUTIVEENGINEERING PC7000 BAYPARKWAYSuite FBrooklyn, NY 11204Goldberg andWeinberger LLP11312 US 15-501NorthSuite 107-141Chapel Hill, NC27517Kolberg BuildingConsultants LLC101 Berry StreetApartment 3Brooklyn, NY 11249Len's Appliance Inc8025 7th AvenueBrooklyn, NY 11228LoanCore CapitalCredit REIT LLCc/o Arnold & Porter250 West 55th StreetAttention: Ben MintzNew York, NY10019-9710MPG Consulting Inc.50 Rutledge StreetSuite # 504Brooklyn, NY 11249New York WaterManagement2 University PlazaSuite 600Hackensack, NJ07601NYC Department ofHousingPreservation andDevelopment100 GOLD STREETNew York, NY 10038Todd RothenbergEsq.271 North Ave. Suite115New Rochelle, NY10801Official form 204Indicate if claimis contingent,unliquidated, ordisputedAmount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.Total claim, ifDeduction for valueUnsecured claimpartially securedof collateral or setoff 2,325.00 1,200.00 13,000.00 326.62203 East 107thStreetNew York, NY10025and Escrows heldin lender escrowaccounts 102,830,141.91 7,000,000.00 95,862,064.91 10,460.07 1,258.38 3,170.00 1,795.00Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claimsSoftware Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.compage 2Best Case Bankruptcy
20-12960-sccDebtorDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 8 of 48Main DocumentCase number (if known)203 W 107th Street LLCNameName of creditor andName, telephone number Nature of claimcomplete mailing address, and email address of(for example, tradeincluding zip codecreditor contactdebts, bank loans,professional services,and governmentcontracts)Indicate if claimis contingent,unliquidated, ordisputedAmount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.Total claim, ifDeduction for valueUnsecured claimpartially securedof collateral or setoffUltimate BoilerTreatments674 BroadwayCedarhurst, NY11516VCorp Services5 Robert Pitt Dr #204Monsey, NY 10952VerizonPO Box 1100Albany, NYOfficial form 204 317.92 1,199.00 428.13Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claimsSoftware Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.compage 3Best Case Bankruptcy
20-12960-sccDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 9 of 48Main DocumentFill in this information to identify the case:Debtor name203 W 107th Street LLCUnited States Bankruptcy Court for the:SOUTHERN DISTRICT OF NEW YORKCase number (if known)Check if this is anamended filingOfficial Form 206SumSummary of Assets and Liabilities for Non-IndividualsPart 1:1.Summary of AssetsSchedule A/B: Assets-Real and Personal Property (Official Form 206A/B)1a. Real property:Copy line 88 from Schedule A/B. 7,000,000.001b. Total personal property:Copy line 91A from Schedule A/B. 44,031.241c. Total of all property:Copy line 92 from Schedule A/B. 7,044,031.24 102,864,868.443a. Total claim amounts of priority unsecured claims:Copy the total claims from Part 1 from line 5a of Schedule E/F. 0.003b. Total amount of claims of nonpriority amount of unsecured claims:Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F. 64,608.09Part 2:Summary of Liabilities2.Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D.3.Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)4.12/15Total liabilities .Lines 2 3a 3bOfficial Form 206SumSummary of Assets and Liabilities for Non-IndividualsSoftware Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com 102,929,476.53page 1Best Case Bankruptcy
20-12960-sccDoc 1Filed 12/28/20 Entered 12/28/20 15:52:42Pg 10 of 48Main DocumentFill in this information to identify the case:Debtor name203 W 107th Street LLCUnited States Bankruptcy Court for the:SOUTHERN DISTRICT OF NEW YORKCase number (if known)Check if this is anamended filingOfficial Form 206A/BSchedule A/B: Assets - Real and Personal Property12/15Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest.Include all property in which the debtor holds rights and powers exercisable for the debtor's own benefit. Also include assets and propertieswhich have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contractsor unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G).Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, writethe debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If anadditional sheet is attached, include the amounts from the attachment in the total for the pertinent part.For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a fixed assetschedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing thedebtor’s interest, do not deduct the value of secured claims. See the instruc
Debtor 203 W 107th Street LLC Case number (if known) Name Request for Relief, Declaration, and Signatures WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to 500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571. 17.
