SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK: COMMERCIAL DIVISION PART 03M
JEFFREY SIMPSON, INDIVIDUALLY AND DERIVATIVELY, AS MANAGAING MEMBER OF jj aRCH llc,
SUING DERIVATIVELY AS MANAGING MEMEBER OF ARCH REAL ESTATE HOLDINGS LLC, JJ ARCH, LLC. –
PLAINTIFF,
-V-
JARED CHASSEN, FIRST REPUBLIC BANK, YJ SIMCO LLC, ARCH REAL ESTATE HOLDINGS LLC,
DEFENDANT.
INDEX NO. 158055/2023
Vintage Auto Center
Sales, Restoration, Repairs & Service
Partial List of Assets:
Please Visit RemoteBidding.MaltzAuctions.com for a Complete Asset List
Vintage Autos – Various Stages of Restoration (Partial List):
Alfa Romeo, American Motors, BMW, Ford, Jaguar, Jeep, Land Rover, Mercedes Benz, MG, Porsche, Saab, Toyota & others
Reclaimed Vintage Parts:
Asst. Components, Benches, Body Parts, Doors, Electric, Engines, Glass, Hoods, Lighting, Mechanical, Motors, Safety, Seats, Tires, Transmissions, Upholstery, Wheels and more
Shop Equipment/Machinery:
Air Filtration, Chargers, Compressors, Engine Lifts/Hoists, Engine Stands, Generator, Hand Tools, Hydraulic Vehicle Lifts (6,ooolb, 7,000lb), Hydraulic Press, Jacks, Kerosene Heaters, Mechanics Tools, Mechanic Tool Boxes, Paint/Body Shop Equipment, Power Tools, Pressure Washers, Shop Fans, Skid Steer, Snap-On Leak Detector, Stands, Tesla Chargers, Tire Machines, Venting Equipment, Welding Equipment, Work Stations, Wheel Balancer
Additional Items:
Furniture, Electronics, Key Boxes, Kitchen Appliances, Office Equipment/Furniture, Scrap, Storage, Televisions and more
ONLINE BIDDING ONLY – CLICK HERE TO ACCESS THE ONLINE BIDDING PLATFORM
Bidding is available by computer (PC or Mac Only) or download of the Maltz Auctions App on the App Store or Google Play (Required for tablet and Cell Phone Devices).
Pre-Registration Required to Bid. You Must send in signed Terms & Conditions of Sale, signed Online Bidding Form and a deposit (cashier’s Check, Wire Transfer Only or Cash) to be approved for bidding.
Viewing: TBA.
Asset Location: 1640 Montauk Highway, Water Mill, NY 11976.
Pre-Registration Required to Bid: You Must send in signed Terms and Conditions of Sale and Online Bidding Form and a deposit to be approved for bidding. Acceptable forms of deposit are cashier’s check, postal money order, wire transfer & cash (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the conclusion of the auction). The credit card authentication process does not qualify as meeting this requirement. Your buying power will be 4x the amount of your deposit. For example, if you send $1,000 you will be approved for up to $4,000 in bidding. All unspent deposits will be processed for a refund within 72 business hours following the conclusion of the auction.
Deposit: A 25% minimum deposit via cashier’s check, postal money order, wire transfer or cash. All funds must be made payable to Maltz Auctions, Inc.
Auction Date: Online Bidding will open Tuesday, October 13, 2026 at 11:00 AM and is scheduled for the first lot to close on Thursday, October 15, 2026 at 11:00 AM. Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.
Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered. If any further bidding occurs, the extension timer will reset to one minute. Once no further bidding activity occurs, the sale closes when the time runs out.
Auction Location: Online-Only Bidding – Visit RemoteBidding.MaltzAuctions.com or download the Maltz Auctions App on the Apple Store or Google Play.
Buyer’s Premium: A 15% buyer’s premium will be added to all bids to determine the total purchase price.