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IN RE CPJFK, LLC

No. 10-50566-CEC.

496 B.R. 290 (2011)

In re CPJFK, LLC, Debtor.

United States Bankruptcy Court, E.D. New York.

March 30, 2011.

Attorney(s) appearing for the Case

Alan Nisselson, Esq. , Windels Marx Lane & Mittendorf LLP, New York, NY, Chapter 11 Trustee.

Howard Simon, Esq. , Windels, Marx, Lane & Mittendorf, LLP, New York, NY, for Chapter 11 Trustee.

Walter Drobenko, Esq. , Drobenko & Associates, LLC, Astoria, NY, for Debtor.

Fred B. Ringel, Esq. , Robinson Brog Lenwand Genovese & Gluck P.C., New York, NY, for Neshgold, LP.

Norman N. Kinel, Esq. , Lowenstein Sandler P.C., New York, NY, for the New York Hotel & Motel Trades Council, AFL-CIO and the Hotel Trades Council and Hotel Association of New York City, Inc. Employee Benefit Funds.

Barry N. Saltzman, Esq. , Pitta & Giblin, LLP, New York, NY, for the New York Hotel & Motel Trades Council, AFL-CIO and the Hotel Trades Council and Hotel Association of New York City, Inc. Employee Benefit Funds.

William E. Curtin, Esq. , Office of the U.S. Trustee, Brooklyn, NY.

DECISION

CARLA E. CRAIG, Chief Judge.

This matter comes before the Court on the Trustee's motion to approve the sale of substantially all of the property of CPJFK, LLC ("CPJFK" or "Debtor"), to Neshgold, LLP ("Neshgold"), a secured creditor holding an allowed claim secured by the assets which are the subject of the sale. The assets being sold consist primarily of an operating hotel known as the JFK Plaza...

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