A chain of kosher grocery stores, Seasons, with locations on the Upper West Side and Queens, has filed for bankruptcy with $42 million in debt, the Commercial Observer reported. The company only has $5 million in assets but owes millions to vendors, landlords and banks, according to the chapter 11 filing obtained via Nationwide Research Company. Its locations include 661 Amsterdam Avenue between West 92nd and West 93rd Streets and 68-18 Main Street in Flushing, Queens as well as six spread across New York State, New Jersey and Maryland. It’s unclear if Seasons will close any stores or is looking for a buyer, but there have been reports of empty shelves at its outposts.
