The Fulton Fish Market, one of the oldest fish wholesalers in Hunts Point, filed for Chapter 11 bankruptcy this week. The company lost a lot business in 2009 and 2010, according to Crain’s New York.
The company hopes to recover from bankruptcy, but it is currently more than $10 million in debt, reports the Daily News.
Founded in the early 1900s, the family-run business, based in the Bronx, delivers seafood, including whole fish, fillets, live shellfish and breaded, smoked, canned or frozen products, to more than 1,000 customers in the tri-state area.