Former Bowery Savings Bank Owners Go Bankrupt - The Real Deal
WEBSep 13, 2022 · 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...
Owner of Bowery Savings Bank Files for Bankruptcy to Avoid …
WEBSep 12, 2022 · Michael Marvisi, who owns the building with his brother David Marvisi, said in court documents the duo’s firm, 130 Bowery Acquisition, was forced to declare bankruptcy and fell behind on its loan once the building’s sole tenant, events organizer Capitale NYC, missed its rent payments during the pandemic, court documents show.
Former Bowery Savings Bank to Sell for $26M After Bankruptcy
WEBJul 20, 2023 · Lawyers on behalf of 130 Bowery Acquisition — the holding company for owners Michael and David Marvisi — filed a motion for a judge to approve the sale of the Chinatown building at 130 Bowery Street to private …
Majestic former Bowery Savings Bank, now host to lavish parties, …
WEBMar 10, 2022 · Last month Wells Fargo Bank sued brothers David and Michael Marvisi, claiming they have failed to make payments on a $12 million loan since April 2020. That's when Covid-19 first slammed the...
Wells Fargo Bank v. 130 Bowery Acquisition LLC - Casetext
WEBI am the attorney for the Defendants, 130 Bowery Acquisition LLC, Michael Marvisi and David Marvisi in the above-captioned action. As such, I am fully familiar with the facts and circumstances set forth herein.
Former Bowery Savings Bank to Sell for $26M After Bankruptcy
WEBThe former Bowery Savings Bank, a historic building in Chinatown, New York, is set to be sold for $26 million following the bankruptcy of its owner, 130 Bowery Acquisition. The sale is pending approval by a judge and is expected to be enough to cover the outstanding debt with Wells Fargo.
MEMO ENDORSEMENT granting 46 Motion to Withdraw as …
WEBNew York. Southern District. Wells Fargo Bank, National Association, as Trustee for the Benefit of the Registered Holders of CCUBS Commercial Mortgage Trust 2017-C1, Commercial Mortgage Pass-Through Certificates, Series 2017-C1, v. 130 Bowery Acquisition LLC et al ... Esq. to Withdraw as Attorney for David Marvisi and Michael Marvisi. MOTION to ...
Historic Bowery Savings Bank Bldg To Be Sold for $26 million to …
WEBTwo brothers, David and Michael Marvisi, who owned it through the holding company 130 Acquisition Corp. since 2017 put it into bankruptcy last year in order to avoid a forced auction. Wells Fargo had reportedly sued the establishment, claiming it was in default on a $12 million loan.
Landmarked bank building in Chinatown under contract for $26M
WEBSep 22, 2023 · David and Michael Marvisi, the owners of the property since 2017, initiated a bankruptcy proceeding for it six months after Wells Fargo sued the brothers over an allegedly not making payments...
Former Bowery Savings Bank owners buy time with bankruptcy
WEBSep 13, 2022 · Filing to avoid forced sale of LES event spaceBy: TRD StaffDavid Marvisi and the Bowery Savings Bank at 130 Bowery Street (Getty Images, Beyond My Ken, CC BY-SA 4.0 – via Wikimedia Commons)The lights are coming on at the former headquarters of the Bowery Savings Bank, where the event space could be calling it …