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Low-Calorie Donut Shop Goes Bankrupt a Year After Opening

By Danielle Tcholakian | June 23, 2015 9:57am | Updated on June 23, 2015 7:11pm
 Holey Donuts! makes low-calorie, low-fat donuts using a secret patented cooking process that results in donuts identical to regular donuts, according to owner Frank Dilullo.
Holey Donuts! makes low-calorie, low-fat donuts using a secret patented cooking process that results in donuts identical to regular donuts, according to owner Frank Dilullo.
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Facebook/Holey Donuts

WEST VILLAGE — Holey Donuts, the online bakery whose first brick-and-mortar store opened on Seventh Avenue South last year, went bankrupt after barely a year in the West Village, the company's CEO said.

A notice from the City Marshal posted in the storefront window and dated May 5 indicates the landlord of 101 Seventh Avenue South is suing the low-fat, low-calorie donut company.

Eater noted the vacant storefront in late May.

Holey Donuts CEO Frank Dilullo said last year that he had signed a 10-year lease for the space. The previous tenant, a cupcake shop, lasted a little more than three months.

Dilullo said via email that his company went bankrupt this year and the business is "over."

The City Marshal's office said the property was seized because of non-payment of rent. Larry Pittinsky, the lawyer for the landlord, identified as 70 Grove St. LLC, refused to answer any questions.

Numerous commenters on the Holey Donuts Facebook page have left angry messages over the last couple of months complaining that they have not been able to place online orders or received any responses to inquiries sent to the company.

Other local openings and closings:

Cafemarie opened last week on MacDougal Street, bringing beignets and Chicory coffee to the Village.

Dante, the replacement for 100-year-old Caffe Dante, also opened last week, and is employing some of the old eatery's staff.

Boots & Saddle opened earlier this month on Seventh Avenue South, and will serve its first Pride drag brunch this Sunday.