Bankrupt Princeton Ski Shop Inc. retained Keen Consultants, the real estate division of KPMG Corporate Finance LLC and its wholly owned subsidiary KPMG CF Realty LLC, to market and assist with the disposition of the company’s retail leasehold interests located in New York and New Jersey, vacant land located in Upstate New York, as well as their intellectual property.


Princeton Ski Shop, Inc. operates three prime retail sites in New York, including a store just off of Fifth Avenue in New York City and a store in Roslyn, NY with visibility from the Long Island Expressway, and one site in New Jersey. The company filed for Chapter 11 protection on Nov. 4, 2007 in the United States Bankruptcy Court for the District of New Jersey. Keen Consultants is a real estate consulting firm specializing in maximizing the value of its clients’ real estate assets nationwide.

“We are very excited to offer these leases and land for sale on behalf of Princeton Ski Shops,” said Chris Mahoney, Director, KPMG Corporate Finance LLC. “The retail leases are in prime locations and include favorable lease rates. They represent a wonderful opportunity for retailers looking for expansion opportunities.


Located in Hunter, NY, the vacant land consists of roughly four acres and represents a great opportunity for investors, speculators, and developers. The bid deadline is April 14th. However, interested parties are encouraged to act immediately, as these assets may be sold prior to the auction,” Mahoney added.

Established in 1982, Keen specializes in selling excess assets and restructuring real estate and lease portfolios for companies in bankruptcy.


For more information regarding the disposition of leases and land for Princeton Ski Shop, Inc., please contact Keen Consultants/KPMG Corporate Finance LLC, 1305 Walt Whitman Road, Suite 200, Melville, NY 11747, Telephone: 631-351-7800, Fax: 631-794-2457, Email: cjmahoney@kpmg.com, Attn: Chris Mahoney.