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 PropertyShark.com 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