The Real Deal New York

Unit at moneyed Beresford to hit foreclosure auction

November 28, 2012 02:00PM

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 shows.

The auction was previously scheduled for November 11 but was postponed. Meanwhile, the unit, No. 8H, has been on the market since July and recently dropped its price to $7.35 million from $7.85 million. It is listed by Chandru Ramnani of RSNY Realty.

The McCollums have owned the apartment for several decades. They bought it before public records were filed electronically. The
foreclosure was first reported by Curbed.

The auction will take place at 12.30 p.m. at 60 Centre Street. [Curbed]Katherine Clarke

  • mpeters

    I have contacted the Publisher and this Editorial reporter to remove my clients’ names. It is appalling that they have done this – and with no sense of decency or sensibility to the situation of these homeowners. There is no sale for December. The photograph additionally is being used without authorization. I am the attorney representing the homeowners. It is disgraceful that the Real Deal has no concern for the privacy of persons who for reasons unknown to the media have found themselves in dire need. SHAME on you for publishing this information. An apartment sale is public information but at least Curbed and PropertyShark had the decency to keep the identity protected from on-line exposure. My once high regard for this publication has plummeted.
    Michele Peters, Esq.

  • Scrooged

    I believe everything in the story is public info.

  • mpeters

    Of course, but there is always a question of decency and sensibility.