The Real Deal New York

Prime Fifth Ave. co-op hits foreclosure block

November 13, 2012 12:30PM

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.

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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