NEW YORK (AP) — Could New York City's H&H Bagels be toast?
The Wall Street Journal reports (http://on.wsj.com/zoXOog ) 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.