Retailer Gracious Home Files for Bankruptcy

Friday, August 13, 2010

Gracious Home, the upscale home store with three locations in Manhattan has filed for Chapter 11 bankruptcy.

A spokeswoman for the retailer confirms the family-owned store, founded by a Cuban immigrant in 1963, is seeking court approval for a plan to pay off its debts. Crain's reports that Gracious Home owes up to $50 million to more than a thousand creditors, including its landlord.


More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.


Latest Newscast




WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public


Supported by