UPDATED, 10:05 a.m., Dec. 18: The Mondrian Soho – the trendy, 270-room hotel frequented by A-listers – is going to be auctioned off. [more]
Posts Tagged ‘Foreclosure Auction’
The headquarters of the Brooklyn Lyceum in Park Slope, a former public bath house used as a café and theater space, is slated to hit the foreclosure auction block later this month, PropertyShark.com shows. The Lyceum’s owner, an LLC headed by Lyceum founder Eric Richmond, is facing an outstanding lien of $5.05 million on the property, which Richmond converted to a cultural space in the 1990s. A final foreclosure judgment on the property was granted by a New York State Supreme Court judge in September. The building will be auctioned Feb. 28 at 360 Adams Street in Brooklyn. [more]
For decades, the iconic Beresford building — a prewar landmark at 211 Central Park West designed by Emery Roth – has been a symbol of old money. It has served as home to some of the city’s most well-known personalities, including millionaire comedian Jerry Seinfeld and actress Glenn Close.
But the owners of one of the building’s eighth-floor units are not having the same luck as some of their neighbors. Donald and Leila McCollum’s three-bedroom, three-bathroom apartment will hit the foreclosure auction block December 12 with an unpaid principal balance of $1 million, data from PropertyShark.com shows. [more]
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. [more]
A long-stalled condominium development site in Kensington, Brooklyn is slated to hit the foreclosure auction block next month, following a long and storied battle between the project’s developer, Moshe Feller, and its lender, Chicago-based Corus Bank.
Caton on the Park, as the development at 23 Caton Place was billed, was well on its way towards becoming a 107-unit condo before its added construction costs began to outstrip its lenders’ willingness to contribute additional capital. The building, designed by well-known architect Karl Fischer, was 40 percent complete when it stalled in 2009 following the collapse of Lehman Brothers. It will be auctioned Nov. 8 at the King’s County Supreme Court at 360 Adams Street with an outstanding lien of $23.7 million, according to data from PropertyShark.com. [more]