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Statler has little operation funds left

Trustee considers abandoning building

Updated: Thursday, 04 Feb 2010, 6:08 PM EST
Published : Thursday, 04 Feb 2010, 6:08 PM EST

BUFFALO, N.Y. (WIVB) - The future of the bankrupt Statler Towers looks even bleaker.

According to Business First, only $3,500 remains in an operating account to run the building. Now, the trustee appointed by the U.S. Bankruptcy Court is considering a motion requesting the iconic building be abandoned.

If that request is granted, the Statler's ownership and responsibility would remain in a state of uncertainty, making it even harder to find a buyer.

Copyright WIVB.com

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