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Laundry Files Chapter 11

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Grub Street reports that The Laundry has filed for Chapter 11 bankruptcy protection. The American standby has been in business since 1980 , first at a former laundromat before it moved to its current Pantigo Road location. Owner Stewart Chrysler made the move before Thanksgiving in order to deal with creditors, including "the Suffolk County National Bank, which is owed $597,000, and the IRS, which is owed $129,000". Though still open five nights a week, the outlook is bleak. [GS]