Public auction for property at 465 Park Avenue scheduled for May 19, 2026.
Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research
Deadline · Sale Date
May 19, 2026
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- Published
- Category
- Foreclosure
- City
- New York
Research context
What to do next
- 1
Attend the Auction
Be present at the New York County Courthouse on May 19, 2026, at 2:15 PM.
- 2
Review Auction Terms
Understand the terms of the auction and prepare necessary documentation.
- 3
Contact Legal Counsel
Consider consulting with a lawyer for guidance on the auction process.
Frequently asked questions
- What is the date of the property auction?
- The property auction is scheduled for May 19, 2026.
- Where will the auction take place?
- The auction will be held at the New York County Courthouse, Room 252.
- What is the address of the property for sale?
- The property is located at 465 Park Avenue, New York, New York 10022.
- Who is conducting the auction?
- The auction will be conducted by a Referee appointed by the court.
The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.
Full Notice Text
NOTICE OF SALE SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK DEUTSCHE BANK TRUST COMPANY AMERICAS, AS TRUSTEE FOR THE REGISTERED HOLDERS OF WFRBS COMMERCIAL MORTGAGE TRUST 2014- LC14, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2014-LC14, acting by and through its special servicer, Rialto Capital Advisors, LLC, as Special Servicer under the Pooling and Servicing Agreement dated as of February 1, 2014, Plaintiff, -against- COHEN RITZ RETAIL COMPANY, LLC; CHARLES STEVEN COHEN; BOARD OF MANAGERS OF THE 465 PARK AVENUE CONDOMINIUM; NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE; and NEW YORK CITY DEPARTMENT OF FINANCE, PLEASE TAKE NOTICE, that, pursuant to the Judgment of Foreclosure and Sale and Decision + Order on Motion of the Honorable Francis A. Kahn III, J.S.C., dated March 24, 2026, and entered in the Office of the New York County Clerk on March 26, 2026 (NYSCEF Doc. No. 148), the undersigned Referee will set at public auction in Room 252 of the New York County Courthouse, Supreme Court, located at 60 Centre Street, New York, New York 10007, on May 19, 2026 at 2:15 pm, the fee and ground lease interests in the real property located at 465 Park Avenue, New York, New York 10022, also known as 101 East 57th Street, New York, New York 10022 (Block 1312, Lots 1301 and 70) (the “Property”), as more particularly described as follows: As to Parcel I, Tax Lot 1301: The Commercial Unit ("Commercial Unit") in the condominium ("Condominium") known as The 465 Park Avenue Condominium and also known by the street number 465 Park Avenue, Borough of Manhattan, City, County and State of New York, said Commercial Unit being designated and described as the Commercial Unit in the declaration dated December 27, 1990, made by The Ritz Tower Hotel, Inc. pursuant to Article 9-B of the Real Property Law of the State of New York ("New York Condominium Act), establishing a plan for Condominium ownership of the building (the "Building") and the land (the "Land") upon which the Building is situate (which Land is more particularly described below), which declaration was recorded in the New York County Office of the Register of The City of New York ("City Register's Office") on January 30, 1991 in Reel 1759 page 1919, as amended by First Amendment to Declaration dated as of December 16, 1991 and recorded in the City Register's Office on July 29, 1993 in Reel 1993 Page 299 as further amended by Second Amendment to Declaration dated as of February 28, 1997 and recorded in the City Register's Office on April 29, 1997 in Reel 295 page 500 as further amended by the First Amendment to the bylaws dated as of February 28, 1997 recorded in the City Register's Office on April 29, 1997, in Reel 2451, Page 507 (the "Declaration"). The Commercial Unit is also designated as Tax Lot 1301 in Block 1312 of Section 5 of the Borough of Manhattan on the Tax Map of the Real Property Assessment Department of The City of New York and on the Plans of the Building, certified by Hurley & Farinella, Architects, and filed in the Register's Office on January 30, 1991, as Condominium Plan No. 756 and also filed in the City Register's Office on January 30, 1991, as Map No. 5058/91; TOGETHER with an undivided 33-1/3% interest in the Common Elements as such term is defined in the Declaration; The Land: ALL that certain lot, piece or parcel of land, situate, lying and being in the Borough of Manhattan, City, County and State of New York, bounded and described as follows: BEGINNING at a point on the northerly side of 57 th Street, distant 17 feet 6 inches easterly from the corner formed by the intersection of the northerly side of 57 th Street with the easterly side of Park Avenue; RUNNING THENCE northerly parallel with the easterly side of Park Avenue, and part of the way through a party wall, 80 feet 5 inches; THENCE easterly parallel with the northerly side of 57 th Street, 52 feet 6 inches more or less, to a point distant 70 feet easterly from the said easterly side of Park Avenue; RUNNING THENCE northerly again parallel with the easterly side of Park Avenue, 20 feet; RUNNING THENCE easterly again parallel with the northerly side of 57 th Street, 60 feet; RUNNING THENCE southerly and again parallel with the easterly side of Park Avenue and part of the way through a party wall, 100 feet 5 inches to the northerly side of 57 th Street; and RUNNING THENCE westerly along the northerly side of 57 th Street, 112 feet 6 inches to the point or place of BEGINNING. TOGETHER with the Benefits but also subject to the terms and burdens contained in a certain Light and Air Easement recorded in Liber 3558 Cp. 151, as partially modified by Reel 374 Page 1757. As to Parcel II, Tax Lot 70: Leasehold interest in the land described below created pursuant to the Ground Lease described on Exhibit B hereto: ALL that certain lot, piece or parcel of land, situate, lying and being in the Borough of Manhattan, City, County and State of New York, bounded and described as follows: BEGINNING at a point on the northeasterly corner of 57 th Street and Park Avenue; and RUNNING THENCE northerly along Park Avenue, 80 feet more or less; THENCE running easterly, and parallel with 57 th Street, 17 feet 6 inches; THENCE running southerly and parallel with Park Avenue and partly through a party wall 80 feet more or less; THENCE westerly along said 57th Street, 17 feet 6 inches to the point or place of BEGINNING. Together with all personal property located on the real property on the date of the auction. Approximate amount of lien $24,063,716.05 plus interest and costs. Property will be sold in separate parcels but in one judicial public foreclosure auction subject to the provisions of the Judgment of Foreclosure and Sale and Decision + Order on Motion and Terms of Sale, Index No. 850108/2025. ELAINE SHAYE, ESQ., Referee Dated: New York, New York, April 1, 2026 HOLLAND & KNIGHT LLP, By: /s/ David V. Mignardi Keith M. Brandofino, Esq. David V. Mignardi, Esq. Maryanne Pedersen, Esq. Attorneys for Plaintiff, Deutsche Bank Trust Company Americas, as Trustee for the Registered Holders of WFRBS Commercial Mortgage Trust 2014-LC14, Commercial Mortgage Pass-Through Certificates, Series 2014-LC14, acting by and through its special servicer, Rialto Capital Advisors LLC, as Special Servicer under the Pooling and Servicing Agreement dated as of February 1, 2014. 787 Seventh Avenue, 31st Floor New York, New York 10019 Tel: (212) 513-3200 Fax: (212) 385-9010
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