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Bagel Co. Fights To Survive Bankruptcy

NEW YORK (AP) — Could New York City's H&H Bagels be toast? The Wall Street Journal reports the once dominant bagel empire is on the brink of losing its final property. But H&H owner Helmer Toro says he's seeking new investors and is confident the business will survive.

NEW YORK (AP) — Could New York City's H&H Bagels be toast?

The Wall Street Journal reports the once dominant bagel empire is on the brink of losing its final property.

But H&H owner Helmer Toro says he's seeking new investors and is confident the business will survive.

Toro founded H&H in 1972, and some connoisseurs consider his bagels the city's best.

But his original store on Manhattan's Upper West Side and a manufacturing plant in New Jersey both closed last year amid financial difficulties.

Toro is trying to keep his remaining location in midtown even though the property has been sold at a bankruptcy auction. The Journal says a bankruptcy trustee has moved to evict H&H from the building.

Toro said he is in talks with investors to stay afloat.