DeWoskin Comments on Chemical Building Situationprintbutton


3.11.11

Bankruptcy attorney Tom DeWoskin remains hopeful Chemical Building Acquisition LLC can yet obtain crucial financing for renovating historical downtown St. Louis building.  The lender, Centrue Bank, has commenced foreclosure against the building, which is valued at $4-4.2 million against a debt of $7.8 million. Without financing, planned renovations cannot be made. About the situation, DeWoskin said: “It’s still a very difficult economy to find financing.”

Read more… St. Louis Post-Dispatch

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