Overview

• Oheka Castle’s owner, Kahn Property Owner LLC managed by Gary Melius, filed for Chapter 11 in the US Bankruptcy Court for the Eastern District of New York on August 6 seeking to reorganize approximately $63.5 million in debt.
• Court documents show the estate holds only $57.27 in its checking account and zero additional cash despite reporting $92.8 million in assets.
• A joint statement by the castle’s communications director and its largest secured creditor confirms all 2025–2026 weddings, hotel stays, tours and events will continue as planned.
• The Chapter 11 filing forestalls a Suffolk County auction ordered in April to satisfy lenders who have pursued foreclosure since 2015.
• Listed on the National Register of Historic Places and as a Historic Hotel of America, the 443-acre Gold Coast chateau is undergoing restructuring to maintain its heritage and operational viability.