New York, NY - December 10, 2019 – 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.
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.
About Hilco Fixed Asset Recovery (HFAR): Hilco Fixed Asset Recover (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 buying and selling retail store fixtures; FF&E sales and clean out services at store distribution centers, and warehouses. HFAR also provides warehouse services, including onsite fixture packing, shipping, refurbishing and storage for future client use. Hilco Fixture Finders provides client’s fee for service, guaranteed return, and purchase and sale alternative transaction structures designed to maximize the return on the value of their assets.
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