Westchester Condo Developer DeNardo Capital Files for Bankruptcy

DeNardo Capital Management, which develops condos in the tony Westchester County suburbs, filed for bankruptcy in New York.

• DeNardo listed assets and liabilities of $10 million to $50 million, according to the petition filed in the Southern District of New York.
• The company’s Marker 27 development project, featuring condominiums starting at more than $1 million, will be sold in a foreclosure auction, the Commercial Observer reported in December.
• The case is DeNardo Capital Management LLC, 21-22098, U.S. Bankruptcy Court, Southern District of New York (White Plains).

--With assistance from Jeremy Hill.

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