Wolf's 1-11 Files for Bankruptcy

Wolf's 111

Wolf's 1-11 on Wolf Rd. in Colonie filed for Chapter 11 bankruptcy protection. Owner Mike Diraddo is trying to overcome over $660,000 in debt, mostly related to the location that opened at the Times Union Center back in 2011. That location closed in 2013. 

Diraddo does not plan to close the location on Wolf Rd, instead he's reinventing the space as less of a sports bar and more into a standard restaurant and banquet hall. 

Renovations began last year when Diraddo took out the game room and used the space to begin booking private parties. 

At the end of the day Diraddo is excited about the new direction for Wolf's 1-11 :

I am positive we will come out of this stronger. 

[Business Review]

photo: Google Street View

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