Foreclosure auction for shares in Vernon Woods Apartments due to unpaid maintenance fees.

NOTICE OF FORECLOSURE SALE Vernon Woods Apartments, Inc (referred to herein as the “Apartment Corporation” or “Cooperative”) Name: Christopher Cuomo Public Administrator Estate of Ralph M Billy (referred to herein as the “Shareholder) Address: Unit/Apt. 1C, 166 Pearsall Drive, Mount Vernon, New York 10552 (referred to herein as the “Apartment” or “Premises”) Shares of Stock: 660 (referred to hereinafter as “Shares”) in Apartment Corporation Amount Due: “Sums Due”) Cure Date: Termination Date: Sale Date and Time: $41,329.00 for maintenance, assessments, and other charges as of the date of the Notice of Default (referred to herein as 2025-12-31 (referred to hereinafter as “Cure Date”) 2026-01-31 (referred to herein as “Termination Date”) 03/26/2026-12:30 PM (referred to herein as “Sale Date and Time”) BY VIRTUE OF DEFAULT, by the above named Shareholder under the lease for the above Premises located in the County of Westchester between the Cooperative, as Lessor, and the Shareholder, as Lessee, whose default resulted in the termination of the lease and the subsequent cancellation of the Shares of common stock of the Cooperative appurtenant to and allocated to the Premises. NOTICE IF HEREBY GIVEN that the Cooperative, as the holder of the first lien on the collateral hereinafter described, will sell the collateral at public auction on the Sale Date and Time, subject to the conditions set forth in the terms of the sale which will be available, upon request, from the undersigned and such revisions thereto which may be announced at the start of the auction. SAID PUBLIC AUCTION will be and commence at Finger & Finger, A Professional Corporation, located at 158 Grand Street, White Plains, New York, 10601 on the first floor at which time the respective Shares of capital stock of the Cooperative attributable to the Premises together with the respective lease appurtenant thereto, will be sold. Cooperative reserves the right to reject any and all bids to the extent that the amount bid for the Premises does not cover the amount of past due maintenance owing on the Premises, plus interest, late fees, attorney’s fees, costs, and expenses, administrative fees, and other charges allocable to the Premises a result of the default of the above named shareholder. THE COLLATERAL consists of the Shares of capital stock in the Cooperative attributable to the Premises, together with all right, title and interest to the appurtenant Lease. THE COLLATERAL will be sold "as is" without representation or warranty and is subject to, among other things, any rent stabilized and rent controlled tenant's right to use and occupy the Apartment pursuant to applicable laws and regulations and is sold SUBJECT to the Terms of the Sale which will be read at the auction. THE COOPERATIVE reserves the right to bid, to become the Purchaser at the sale and, with deposit, credit against the purchase price bid all sums due to it under the Lease and to adjourn, delay or terminate the sale. THE Successful Bidder shall be required to deposit 10% of the successful bid price or the Sums Due plus accrued maintenance, assessments, attorney’s fees and costs, whichever is greater, in escrow with the attorney for the Cooperative (THE CHECK MUST BE DIRECTLY PAYABLE TO FINGER & FINGER, A PROFESSIONAL CORPORATION, AS ESCROW AGENT. ENDORSED CHECKS WILL NOT BE ACCEPTED) The Auctioneer will be Karen Loiacano and John O’Keefe. Vernon Woods Apartments, Inc c/o Finger & Finger, A Professional Corporation Attorneys for the Apartment Corporation 158 Grand Street White Plains, New York 10601 (914) 949-0308 #102818 12101546