Breakwater Edison (SBBR1)
Barry Mukamal was appointed Chapter 11 Bankruptcy Trustee for an interrupted condo hotel project. Duties included collateral preservation, review and re-certification of governmental notices of code violations, addressing outstanding tenant claims affecting marketing, sale and value of the project and continuing oversight management of broker activities to sell the project. The property was sold at a competitive auction with bankruptcy court approval at an acceptable price to the secured creditors.
