Recommendation for Statler to close

Recommendation for Statler to close

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Recommendation for Statler to close

Updated: Saturday, 26 Dec 2009, 6:51 PM EST
Published : Saturday, 26 Dec 2009, 6:51 PM EST

BUFFALO, N.Y. (WIVB) - It could be the end of the line for Buffalo's historic Statler Towers.

On Monday the court appointed trustee for the financially troubled landmark is scheduled to appear before a United States bankruptcy judge.

According to Business First, they are expected to recommend the building be closed.

This recommendation comes after a futile effort by the group, New Buffalo Statler Redevelopment to raise the 1.3 million dollars needed to close the deal.

Copyright WIVB.com

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