Auction Terms & Conditions Auction Terms & Conditions of Bidder Participation Thank you for your interest in this Court Ordered Online Auction. These are the Terms and Conditions on which all property is offered for sale, subject to amendments and modifications announced by AuctionAdvisors ("Auctioneer") at any time and posted on the auction website. By bidding in this auction, prospective bidders agree to be bound by and comply with the following Terms & Conditions and acknowledge and agree that they are being allowed to participate at this auction in reliance on such agreement. 1. REGISTRATION. Bidders must be registered and approved for bidding by Auctioneer. By registering you represent and warrant that any and all Buyer information is correct. Auctioneer reserves the right to deny any registered bidder at any time at its sole discretion without notification. 2. INSPECTIONS: Bidders may inspect the offering on Saturday May 20 between the hours of 12:00 PM ET- 3:00 PM ET. The address is 103 N 3rd Street, Brooklyn. NY 11249. 3. THIS IS AN "AS IS WHERE IS", "IN PLACE" "WITH ALL FAULTS" SALE WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE. NO SALE SHALL BE INVALIDATED AND THE AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT, ORAL ANNOUNCEMENT OR OTHERWISE. 4. DESCRIPTIONS. THE AUCTION CATALOGUE IS MERELY A GUIDE. DESCRIPTIONS HAVE BEEN PREPARED IN GOOD FAITH FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY, GENUINENESS, AUTHENTICITY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS. IN ADDITION, AUCTIONEER RESERVES THE RIGHT TO ADD, ALTER, OR REMOVE ANY ITEM(S) TO OR FROM THE AUCTION AT ANY TIME. 5. PAYMENT IN FULL. Invoices for payment of full amount owed will be issued promptly after the auction. All invoiced amounts must be paid in full immediately but in no event later than the second business day after the auction. TIME IS OF-THE - ESSENCE with respect to such date. NOTHING SHALL BE REMOVED FROM THE PREMISES UNLESS AND UNTIL A BIDDER HAS PAID ALL OF ITS INVOICES IN FULL. 7. FORM OF PAYMENT. No personal or business checks will be accepted. Only cash, cashier's checks, wire transfer, pre-approved business checks and credit cards (up to $3,000 - see fee info below) will be accepted. 8. CREDIT CARD FEE. Payments by way of Credit Card will ONLY be accepted for purchases and deposits which do not exceed $3,000, subject to Auctioneer's discretion. An administration fee of 4% shall apply to credit card purchases. 9. REMOVAL TIMES TO BE SET BY AUCTIONEER. Removal shall take place by appointment only starting Wednesday May 31st through Saturday June 3rd for the hours of 10am-4pm. Pickup Location Address is 103 N 3rd Street, Brooklyn NY 11249. Buyers will be able to book an appointment through a link on your invoice. 10. REMOVAL MUST BE DONE IN A COMMERCIALLY REASONABLE MANNER. Successful bidders and/or their agents may be required to sign a Waiver & Release prior to any removal which must be done in a commercially reasonable fashion. Equipment has been previously disconnected from gas, electric and plumbing for easier extraction. 11. REMOVAL AT BIDDERS COST AND EXPENSE. All items must be removed by the successful bidder at their own cost and expense. After the time frame set forth on the Auctioneer schedule of move-out dates, the Auctioneer will no longer be responsible. Please be forewarned that in the case of a default, the auction company reserves the right to resell any and all unclaimed items and the defaulting bidder will not only forfeit his deposit but bear the responsibility of any shortfall in case of resale, and also all costs and expenses associated with the default as well as all auctioneer's fees and commissions. Buyers may either pick up their items at the designated auction site personally or can arrange for a third-party logistics firm to manage the removal process for them. If someone other than the registered buyer at the sale is designated to pick up those purchased assets, the buyer must contract with an independent logistics firm or other representative who will extract your purchased items; coordinate the removal of those purchased items to meet the time deadlines indicated of this auction and authorize the auction company to release items to a third-party contractor for shipping, crating or packing purposes. 12. ALL BIDS ARE FINAL. All sales shall be concluded as indicated by the Auctioneer and no Purchaser may thereafter revoke their bid. Title to the lots purchased shall not pass until payment in full of the purchase price is received. 13. BUYER'S PREMIUM. A fifteen percent (15%) buyer's premium is in effect for all successful bidders at this auction. 14. AUCTIONEER FINAL ARBITER. The Auctioneer is the final judge in case of a dispute. The final posting on auction day made by the auctioneer will take precedence over any previously printed materials. Auctioneer has the right at its sole and absolute discretion (should Auctioneer so choose to exercise it) to reject any and all bids Auctioneer deems unreasonable, entertain a bulk bid, a mini bulk bid or any package of lots. Further, Auctioneer may at its sole discretion set and/or alter bidding increments at any time. 15. BIDDER PARTICIPATION AT DISCRETION OF AUCTIONEER. All bidders must be at least 18 years of age. The auctioneer also reserves the right to deny registration to any online bidder who the Auctioneer believes does not qualify to bid or cannot compy with these Terms & Conditions. 16. NOTES ON BIDDING MECHANICS: The auction is subject to a "soft 3-minute close"- which means the timing of any closing will be delayed by 3 minutes in the event someone places a bid in the last 3 minutes of bidding. For each additional bid thereafter, the bidding will extend for an additional 3 minutes. This is aimed at preventing sniping in the last moment of any auction. Therefore, bidders are encouraged to bid early and pay close attention at the end of any auction or use the "max bid" function to ensure your bids will be kept up automatically. BY PARTICIPATING IN THIS AUCTION, YOU HEREBY ACKNOWLEDGE, AND AGREE TO, THE TERMS AND CONDITIONS SET FORTH ABOVE, AS WELL AS ANY OTHER TERMS/CONDITIONS OF SALE COMMUNICATED TO YOU BY THE AUCTIONEER.

Court Ordered Auction of recently opened food hall in Williamsburg, Brooklyn. 8,500 SF of mostly new furniture, fixtures and commercial equipment. With a total of 12 kitchens, there is plenty to choose from including freezers, refrigerators, ice machines, fryers, coffee machine, grinders, griddles, ovens, refrigerated prep tables, convection microwaves, grills, bar fridges, pizza oven, dough mixer, dishwashers, broilers, meat slicers, ranges, ice cream freezer, prep tables, sinks, seating, tables and much more.