The dumpster fire that is Pacifica continues.
The only thing they have going for them is the note holder for the loan is not likely very eager to try to market a challenged FM station. At some point, however, they will have to foreclose but, even then, would have to try to program something to keep the license active while they marketed the assets.
This will play out at each Pacifica property in the coming years. They'll hold on, in some form or fashion for awhile if, for no other reason, they don't have the expenses they do in NY in their other areas.