By Eileen Buckley
Buffalo, NY – The historic Statler Towers will be up for auction later this summer. A federal bankruptcy judge in Buffalo has ruled that the Statler will be sold at public auction.
U.S. Bankruptcy Court judge Carl Bucki issued his decision Wednesday morning. In his ruling, the judge named local auctioneer, Cash Cunningham to conducted the auction of the building. Cunningham is the owner of Buffalo based Cash Realty.
The auction will take place on August 12th at 11 a.am. at the Statler on Delaware Avenue. The building is currently owned by BSC Development. But it was placed in involuntary bankruptcy and liquidation by the creditors.
The historic 18 story commercial building sits across from Niagara Square. The building currently has banquet facilities, hotel rooms and office space.