Producer’s Central Park West apartment in foreclosure

TRD New York /
Dec.December 29, 2008 08:05 AM

Film producer Vittorio Cecchi Gori put his 5,500-square-foot home at 1 Central Park West on the market last week for $28.5 million, and state and federal court records reveal that the property could end up being one of the biggest residential apartment foreclosure sales in Manhattan if it goes to auction. Records show that in October, a judge at The State Supreme Court in Manhattan granted a foreclosure judgment against Gori, who owes up to $30 million to lender Fortress Investment Group, $62,000 to the condo board and $69,000 in back taxes. After the judge’s foreclosure ruling, but before a referee was appointed to oversee the sale, the corporation set up by “Il Postino”to buy the unit, filed for bankruptcy, allowing the home to go on the market at a higher price than what would be obtained at a foreclosure auction. Gori is also in danger of losing homes in Beverly Hills and London.

Related Articles

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

WeWork’s side businesses are fizzling

SoftBank to take control of WeWork at less than $8B valuation

Chicago’s ice-cold office market is finally heating up. But don’t get too excited

Miki Naftali and 1045 Madison Avenue (Credit: Getty Images, Google Maps)

Naftali accused of violating zoning laws at UES development

148 East 28th Street and Governor Andrew Cuomo (Credit: Google Maps and Getty Images)

Citing new rent law, building buyer wants money back

EB-5 sees investment boost, tensions flare between brokers and StreetEasy: Daily digest