Staten Island car dealer still has to pay $500K in interest while lot closed

over 5 years in NY Post

Marcello Sciarrino, 48, lives on Staten Island and co-owns 21 automobile dealerships in the New York area. A principal of Island Auto Group, he told The Post the coronavirus is bringing his inventory-heavy enterprise to the edge of ruin and forcing him to lay off hundreds of employees. On March 16, I locked our dealerships’...

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