Foreclosure auction set for multi-million dollar Fifth Avenue co-op opposite the Met Museum

1016 Fifth Avenue

Update (11:22 a.m.): Auction will not take place as scheduled.

A co-op in a prestigious Fifth Avenue building on the Upper East Side is to be sold in a foreclosure auction scheduled for Thursday.

Rare for such an apartment, the sale appears to have resulted from the death of one Rita Haberman, about whom I could find no reliable information.  (Update: More about Haberman and her estate here.)

At 1016 Fifth Avenue, on the southwest corner of 83rd Street and across from the Metropolitan Museum of Art, Unit 8D likely has a value of more than $3 million.

By comparison, Unit 10D provides 541 shares and 8D, 510.  The higher co-op is listed as a seven-room, 2,200-sf apartment with two bedrooms and one and a half baths, though I see more on its floorplan below.  It is on the market for Continue reading