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Hilco Corporate Finance, a boutique investment banking advisor affiliated with Hilco Global, provides unmatched creativity and relentless support to our clients.  Our seasoned team of professionals specializes in comprehensive advisory services to private & public companies, private equity groups, family offices, and entrepreneurs.

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Hilco Corporate Finance is the investment banking affiliate of Hilco Global – the market leader in valuing and monetizing assets.  Our affiliates provide financial advisory services and capital to middle-market businesses worldwide.

So, our clients benefit not just from our corporate finance relationships, but also the global relationships of our Hilco affiliates.

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Hilco Fixed Asset Recovery to Liquidate All Fixtures, Furniture and Equipment at the Hotel Wales in New York City in Advance of Remodeling

Dec 19, 2019

Many iconic and historical items to be sold at discounted prices as the upper east side boutique hotel prepares to undergo a major remodeling

Hilco Fixed Asset Recovery (HFAR) has been engaged to liquidate all the fixtures, furniture, and equipment (FF&E) from the historic Hotel Wales which will be closing its doors on December 31, 2019 for a major remodeling of the Upper East Side establishment located in the prestigious Carnegie Hill neighborhood of Manhattan.

On Jan 3, 2020 Hilco will host several days of private - invitation only - sales for architectural salvage companies, antique dealers, interior designers, prior hotel patrons, hotel furniture buyers, and other boutique hotels to sell the FF&E.  Following the private events which will end on January 6th, the sale of the remaining FF&E will then be opened up to the public starting January 8, 2020. The sale of all FF&E is scheduled to end no later than Jan 30, 2020. 

The unique fixture sale will feature many historic and iconic pieces sure to entice collectors and designers alike given the deeply discounted prices.  Built over a century ago, Hotel Wales was formerly known as the Hotel Chastiagneray, a popular stomping ground for flappers, tycoons and returning WWII war heroes. Remnants of the hotels long history include marble-stepped staircase, exquisitely decorated dark wood fireplaces with Beaux-Arts details, and the ornately carved wrought iron banister.  

The 92-room boutique hotel was once considered one of New York City’s most charming places to stay, located just steps from Central Park, the Museum Mile and Madison Avenue’s famous stores.  After four name changes over one hundred years it became the Hotel Wales in 2000. Its earlier names included Hotel Bibo, Hotel Bon Ray, the Carnegie Hill Hotel and the Hotel Wales.

<gu-sc>For information on how to receive an invitation, as well as details about the Furniture and Fixture Sale, please visit: http://bit.ly/HotelWalesSale. To inquire about the private and public events please contact Hilco Fixed Asset Recovery (HFAR) - www.HilcoFFE.com - <gu-sc-dial data-dn="6164531300" title="Click to dial 6164531300"><gu-sc-img></gu-sc-img>(616) 453-1300</gu-sc-dial>. <gu-sc-orig style="display: none;">For information on how to receive an invitation, as well as details about the Furniture and Fixture Sale, please visit: http://bit.ly/HotelWalesSale. To inquire about the private and public events please contact Hilco Fixed Asset Recovery (HFAR) - www.HilcoFFE.com - (616) 453-1300. </gu-sc-orig></gu-sc>

About Hilco Fixed Asset Recovery (HFAR):  Hilco Fixed Asset Recovery (www.HilcoFFE.com) is the premier fixture and equipment liquidation company in the United States, serving as a one-stop shop in either closed, closing, or remodeling locations. Hilco Fixed Asset Recovery offers a full suite of FF&E related services including:  

  • Customized monetization programs to maximize the return on the value of unwanted fixed assets.
  • Tailored solutions to protect your client’s brand - decommissioning services, de-branding and protecting their IP as needed.
  • FF&E sales and clean out services at stores, office spaces, distribution centers, and warehouses.
  • Closing, relocating or remodeling locations, our disposition or clean-out services can be tailored to fit your specific needs.
  • Flexible economics. Monetize assets under guarantee (Hilco assumes all risk), fee, or commission structures.

Hilco Fixed Asset Recovery is part of Northbrook, IL based Hilco Merchant Resources (www.hilcomerchantresources.com), one of the world’s leading retail disposition experts providing a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives.  

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