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New York

Prime Fifth Ave. co-op hits foreclosure block

1016 Fifth Avenue
1016 Fifth Avenue

A co-op unit located inside 1016 Fifth Avenue at East 83rd Street is on the foreclosure block, Curbed reported. The unit in question is No. 8N, and could be worth more than $3 million. The foreclosure auction was originally scheduled for this week, but it has been delayed.

The unit belonged to a woman named Rita Haberman, who died in 1983. The executrix is Haberman’s daughter, Dorothea Levine, who doesn’t live there. She reportedly stopped paying maintenance fees in February 2011.

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Levine is also a landlord of a Washington Heights property, 452 Fort Washington Avenue, where a group of residents were on a rent strike for two years.

There are currently two two-bedroom apartments that are for sale inside the building, both with $4.975 million asks. [Curbed] — Zachary Kussin

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Foreclosures