Historic NYC Office Building Hurt by Covid Files Bankruptcy

The owner of a historic office building in Manhattan’s Financial District has filed bankruptcy to sell the property, which has been subject to foreclosure and suffered from a lack of tenants due to the Covid-19 pandemic.

Winta Asset Management LLC, owner of the former American Bank Note Company office building located at 70 Broad Street, filed Chapter 11 on Friday. The company is valuing the 5-story building, notable for its granite columns and eagle sculpture perched over its entrance, at $16 million, according to court documents.

Winta had been locked in a multi-year dispute with Wilmington Trust N.A., trustee of ...