Former Bowery Savings Bank owners buy time with bankruptcy – Robert Khodadadian

The lights are coming on at the former headquarters of the Bowery Savings Bank, where the event space could be calling it a night after the owners filed for bankruptcy. Owners Michael and David Marvisi filed for Chapter 11 protection to avoid a forced sale of the Lower East Side property, according to documents filed late last month reported by the Commercial Observer. The move comes after the owners defaulted on a $12 million loan

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, bankruptcy, Bowery, NYC Clubs The Real Deal New York Read More

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