Arlene Farkas’ 14-room duplex headed to auction block

Public foreclosure to follow co-op board's thumbs down on deal with French government

From left: Arlene Farkas and River House
From left: Arlene Farkas and River House

Department store heir Bruce Farkas’ ex-wife’s apartment is up for a public foreclosure auction.

Arlene Farkas defaulted on more than $6 million in mortgage payments last year. At the last minute, she struck a deal with the French government to sell her River House unit for $7.8 million. The co-op board, however, didn’t approve that plan, claiming the French ambassador’s noisy parties would disrupt the peace and quiet at the building at 453 East 52nd Street, the New York Daily News reported.

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Now, the duplex is about to be auctioned, according to the paper.

The 14-room apartment  includes a formal dining room, a breakfast room and maid’s quarters. It’s listed for $8.2 million. [NYDN] — Claire Moses