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Chapter 11 Filing Blocks Foreclosure on 609 Fifth Avenue

3/27/2026

50 9 Full Breakdown

Summary

Story summary

A Chapter 11 bankruptcy filing for the 609 Fifth Avenue building aims to block a foreclosure sale and covers roughly $135 million in debt.
RJ Capital Holdings and Top Rock Holdings are linked to the property and are negotiating with creditors.
Puma's flagship store at the building's base closed indefinitely after flooding from broken pipes, which Puma links to unpaid charges by the office-portion owner.

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Story summary

A Chapter 11 bankruptcy filing for the 609 Fifth Avenue building aims to block a foreclosure sale and covers roughly $135 million in debt.
RJ Capital Holdings and Top Rock Holdings are linked to the property and are negotiating with creditors.
Puma's flagship store at the building's base closed indefinitely after flooding from broken pipes, which Puma links to unpaid charges by the office-portion owner.