Case number: 1:25-bk-41043 - 70 Clermont Ave Ltd - New York Eastern Bankruptcy Court

Case Information
  • Case title

    70 Clermont Ave Ltd

  • Court

    New York Eastern (nyebke)

  • Chapter

    11

  • Judge

    Elizabeth S. Stong

  • Filed

    03/01/2025

  • Last Filing

    04/18/2026

  • Asset

    Yes

  • Vol

    v

Docket Header
Repeat, PRVDISM, PlnDue, DsclsDue



U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-25-41043-ess

Assigned to: Elizabeth S. Stong
Chapter 11
Voluntary
Asset


Date filed:  03/01/2025
341 meeting:  04/07/2025
Deadline for filing claims:  12/29/2025
Deadline for filing claims (govt.):  02/23/2026

Debtor

70 Clermont Ave Ltd

70 Clermont Avenue
Brooklyn, NY 11205
KINGS-NY
Tax ID / EIN: 47-3315614

represented by
Subhana A Rahim

Subhana A. Rahim, Attorney at Law
17 North Oxford Street
Brooklyn, NY 11205
347-731-7263
Email: srahimesq@gmail.com

Subhana A. Rahim, Esq

Subhana A. Rahim, Attorney at Law
17 North Oxford Street
Brooklyn, NY 11205
(347) 731-7263
Email: srahimesq@gmail.com

U.S. Trustee

Office of the United States Trustee

Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
 
 

Latest Dockets

Date Filed#Docket Text
04/13/202663Order Denying Motion to Sell with respect to the property known as 70 Clermont Avenue, Brooklyn, New York 11205. (Related Doc # 51) Signed on 4/13/2026. (caf) (Entered: 04/14/2026)
04/13/202662Order Granting In Rem Relief From The Automatic Stay As To Real Property known as 70 Clermont Avenue, Brooklyn, New York 11205. (Attachments: # 1 Exhibit A and B) (Related Doc # 35) Signed on 4/13/2026. (caf) (Entered: 04/14/2026)
04/01/2026Hearing Held; Appearances: Debtor, Kiavi Funding, Inc., Office of the United States Trustee. (RE: related document(s)51 Motion for Sale of Property under Sec. 363(b), Rule 6004 Filed by Debtor 70 Clermont Ave Ltd, 53 Motion for Sale of Property under Sec. 363(b), Rule 6004 Filed by Debtor 70 Clermont Ave Ltd) Motion denied. The debtor has not established a basis in law or fact for the approval of the sale because among other reasons, the proposed sale does not pay the secured creditor in full, the proposed sale is the not the product of marketing the property or subject to higher and better offers, the proposed sale appears to have been procured by a broker that has not been retained, and the proposed sale is to a purchaser that was created as an entity by the debtor's principal and in which the debtor's principal appears to have an ongoing role. Separately, the Court declines the debtor's invitation to grant the motion to approve the sale and to retain a "supervisory role" to address any conflicts or other deficiencies. Kiavi Funding to submit proposed order. (sej) (Entered: 04/02/2026)
04/01/2026Hearing Held; Appearances: Debtor, Kiavi Funding, Inc., Office of the United States Trustee. (RE: related document(s)50 Motion to Substitute Attorney Filed by Debtor 70 Clermont Ave Ltd, 52 Motion to Substitute Attorney Filed by Debtor 70 Clermont Ave Ltd) No opposition - Granted - Submit order on consent as to form of UST> (sej) (Entered: 04/01/2026)
04/01/2026Hearing Held; Appearances: Debtor, Kiavi Funding, Inc., Office of the United States Trustee. (RE: related document(s)35 Motion for Relief From Stay Filed by Creditor Kiavi Funding, Inc. f/k/a Lending Home Funding Corporation) Opposition overruled. In rem relief granted as reflected in the record. This is without prejudice to any agreement that the debtor and Kiavi Funding may reach. Submit order. (sej) (Entered: 04/01/2026)
04/01/2026Hearing Held and Adjourned; Appearances: Debtor, Kiavi Funding, Inc., Office of the United States Trustee. Status hearing to be held on 06/25/2026 at 10:30 AM at Courtroom 3585 (Judge Stong), Brooklyn, NY. (RE: related document(s)13 Order Scheduling Initial Case Management Conference) (sej) (Entered: 04/01/2026)
04/01/202661EXHIBIT H - January 2, 2025 Contract of Sale Filed by Subhana A Rahim on behalf of 70 Clermont Ave Ltd (RE: related document(s)59 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor 70 Clermont Ave Ltd). (Rahim, Subhana) Modified on 4/3/2026 to remove code, remove hearing and presentment information and edit docket text (caf). (Entered: 04/01/2026)
03/31/202660Affidavit/Certificate of Service Supplemental Declaration Filed by Subhana A Rahim on behalf of 70 Clermont Ave Ltd (RE: related document(s)59 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor 70 Clermont Ave Ltd) (Rahim, Subhana) (Entered: 03/31/2026)
03/30/202659Motion for Sale of Property under Sec. 363(b) known as 70 Clermont Avenue, Brooklyn, NY, 14305 Filed by Subhana A Rahim on behalf of 70 Clermont Ave Ltd (RE: related document(s)53 Motion for Sale of Property under Sec. 363(b), Rule 6004 filed by Debtor 70 Clermont Ave Ltd). Hearing scheduled for 4/1/2026 at 10:30 AM at Courtroom 3585 (Judge Stong), Brooklyn, NY.Order to be presented for signature on 4/1/2026. (Attachments: # 1 Supplement Declaration of Debtor # 2 Exhibit (D) NamRoc Pre-Petition Term Sheet # 3 Exhibit (E) Landstar Pre-Petition Title Report # 4 Exhibit (F) Pre-Petition eMail Chain w/ Kiavi Attorney # 5 Exhibit (G) Claims Registry # 6 Proposed Order Final Revised Proposed Order) (Rahim, Subhana) (Entered: 03/30/2026)
03/30/202658[DISREGARD - INCORRECT ATTACHMENT] Motion for Costs/Atty Fees Form 2030 Filed by Subhana A Rahim on behalf of 70 Clermont Ave Ltd (RE: related document(s)52 Motion to Substitute Attorney filed by Debtor 70 Clermont Ave Ltd). Hearing scheduled for 4/1/2026 at 10:30 AM at Courtroom 3585 (Judge Stong), Brooklyn, NY.Order to be presented for signature on 4/1/2026. (Rahim, Subhana) (Attorney advised to refile with correct document or refile with correct event] Modified on 4/1/2026 to add remarks (caf). (Entered: 03/30/2026)