Case number: 7:24-bk-23086 - Valdesia Gardens Housing Development Fund Corporat - New York Southern Bankruptcy Court

Case Information
  • Case title

    Valdesia Gardens Housing Development Fund Corporat

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    Kyu Young Paek

  • Filed

    12/13/2024

  • Last Filing

    06/12/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
U.S. Bankruptcy Court
Southern District of New York (White Plains)
Bankruptcy Petition #: 24-23086-kyp

Assigned to: Judge Kyu Young Paek
Chapter 11
Voluntary
Asset


Date filed:  12/13/2024
341 meeting:  04/29/2025
Deadline for filing claims:  03/03/2025

Debtor

Valdesia Gardens Housing Development Fund Corporation

c/o Baez Hughes Development Corporation
48 Carthage Road
Scarsdale, NY 10583
WESTCHESTER-NY
Tax ID / EIN: 81-5423830

represented by
John D. Molino

Davidoff Hutcher & Citron LLP
605 3rd Ave
New York, NY 10158
914-715-8859
Email: jdm@dhclegal.com

Jonathan S. Pasternak

Davidoff Hutcher & Citron LLP
605 Third Avenue
New York, NY 10158
646-428-3124
Email: jsp@dhclegal.com

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500
represented by
Daniel Rudewicz

DOJ-Ust
1 Bowling Green
New York, NY 10004
212-510-0500
Email: daniel.rudewicz@usdoj.gov

Tara Tiantian

DOJ-Ust
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004
212-510-0500
Email: tara.tiantian@usdoj.gov

Latest Dockets

Date Filed#Docket Text
06/12/202550Notice of Adjournment of Hearing RE: Case Conference; hearing held and adjourned to 7/10/2025 at 10:00 AM at Videoconference (ZoomGov) (KYP) (Ashmeade, Vanessa). (Entered: 06/12/2025)
06/05/202549Letter Regarding of CPC's Motion Filed by Eloy A. Peral on behalf of CPC Funding SPE 1 LLC. (Peral, Eloy) (Entered: 06/05/2025)
06/05/202548Notice of Adjournment of Hearing RE: (related document(s): 42 Motion for Relief from Stay (fee) filed by CPC Funding SPE 1 LLC; hearing not held and adjourned to 07/10/2025 at 10:00 AM at Videoconference (ZoomGov) (KYP) (VanessaAshmeade) (Entered: 06/05/2025)
06/04/202547Application to Employ FIA Capital Partners, LLC; David Goldwasser as Chief Restructuring Officer of the Debtor Effective as of December 13, 2024 filed by Jonathan S. Pasternak on behalf of Valdesia Gardens Housing Development Fund Corporation Responses due by 6/11/2025, with presentment to be held on 6/18/2025 at 12:00 PM at Videoconference (ZoomGov) (KYP). (Attachments: # 1 Exhibit A. Proposed Order # 2 Exhibit B. Goldwasser Declaration # 3 Exhibit C. FIA CRO Agreement) (Pasternak, Jonathan) (Entered: 06/04/2025)
06/03/202546Notice of Adjournment of Hearing on Motion of CPC Funding SPE 1 LLC for an Order Modifying or Terminating the Automatic Stay filed by Eloy A. Peral on behalf of CPC Funding SPE 1 LLC. with hearing to be held on 7/10/2025 (check with court for location) (Peral, Eloy) (Entered: 06/03/2025)
05/21/202545Chapter 11 Monthly Operating Report for the Month Ending: 04/30/2025 Filed by Jonathan S. Pasternak on behalf of Valdesia Gardens Housing Development Fund Corporation. (Pasternak, Jonathan) (Entered: 05/21/2025)
05/15/202544Notice of Adjournment of Hearing RE: Case Conference; hearing held and adjourned to 6/12/2025 at 10:00 AM at Videoconference (ZoomGov) (KYP) (Ashmeade, Vanessa). (Entered: 05/15/2025)
05/08/202543Letter Exhibit H to Motion of CPC Funding SPE 1 LLC For An Order Modifying Or Terminating The Automatic Stay Pursuant To 11 U.S.C. § 362(d)(1)-(3) (related document(s)42) Filed by Eloy A. Peral on behalf of CPC Funding SPE 1 LLC. (Peral, Eloy) (Entered: 05/08/2025)
05/07/2025Receipt of Motion for Relief from Stay (fee)( 24-23086-kyp) [motion,185] ( 199.00) Filing Fee. Receipt number A17065741. Fee amount 199.00. (Re: Doc # 42) (U.S. Treasury) (Entered: 05/07/2025)
05/07/202542Motion for Relief from Stay : Motion of CPC Funding SPE 1 LLC For An Order Modifying Or Terminating The Automatic Stay Pursuant To 11 U.S.C. § 362(d)(1)-(3) filed by Eloy A. Peral on behalf of CPC Funding SPE 1 LLC with hearing to be held on 6/12/2025 at 10:00 AM at Courtroom 610 (KYP - NYC) Responses due by 6/5/2025,. (Attachments: # 1 Declaration of Eloy A. Peral # 2 Exhibit A: Verified Amended Complaint in Foreclosure (with exhibits) filed by CPC on September 28, 2022 # 3 Exhibit B: Original Complaint (without exhibits) # 4 Exhibit C: Decision and Order entered by the State Court on November 15, 2023 # 5 Exhibit D: Judgment of Foreclosure and Sale entered by the State Court on September 19, 2024 Awarding CPC Certain Relief # 6 Exhibit E: Notice of Sale Dated October 28, 2024 Scheduling a Foreclosure Sale of the Real Property for December 16, 2024 # 7 Exhibit F: Affirmation Of Mark A. Slama In Support Of Ex Parte Application For The Appointment Of A Receiver dated August 17, 2022 # 8 Exhibit G: Order Appointing Receiver at Mortgaged Premises and Appointment of Receivers Counsel entered by the State Court on October 14, 2022 # 9 Exhibit H: Appraisal Report prepared by Republic Valuations dated January 27, 2025 at the Direction of the Debtor to be Filed Separately # 10 Exhibit I: Appraisal dated September 22, 2022 prepared by Anthony T. Panzarino at the Direction of CPC) (Peral, Eloy) (Entered: 05/07/2025)