Foreclosures
LEGAL NOTICE OF SALE
By virtue of a cancellation by 2425 KINGS HWY OWNERS CORP. (“Apartment Corporation”) of certain proprietary leases (collectively “Lease”) and the 350 cooperative shares of the Apartment Corporation (“Shares”) allocated to Apartments E8 and E9 at 2425 Kings Highway, Brooklyn, New York 11229 (collectively the “Units”) presently held in the name of Heather Shlomi & Shay Shlomi (individually and collectively the “Shareholder”) and based upon Shareholder’s default in the payment of cooperative maintenance, I, William Mannion, Auctioneer, DCA #796322 or Matthew D. Mannion, Auctioneer, DCA# 1434494 will sell at Public Auction to the highest bidder at the “foot” of the Kings County Courthouse steps facing Adams Street, 360 Adams Street, Brooklyn, New York on Wednesday, March 29, 2023 at 11:00 a.m., in the forenoon of that day, the Shares and Lease allocated to the Units. The sale is subject to any prior liens of record, any outstanding maintenance charges, additional charges, legal fees of the Apartment Corporation and expenses of the auction, approval of the Board of Directors of the Apartment Corporation and such other terms of sale which will be available for review prior to the start of the auction.
The Apartment Corporation reserves the right to bid and to become the purchaser at the sale and, without deposit credit against the purchase price all sums due to it pursuant to the Lease, and to adjourn, delay or terminate the sale. The purchase price for the Shares and Lease allocated to the Units shall be payable by certified or bank check, as follows: a ten (10%) percent deposit is required with the successful bid, payable to “Borah, Goldstein, Altschuler, Nahins & Goidel, P.C. as Attorneys”. Cash will not be accepted, and the balance of the purchase price shall be payable within thirty (30) days. This Public Auction is a rescheduling of the Public Auction originally scheduled for December 12, 2022 which was stayed by the shareholder Shay Shlomi filing a Bankruptcy Petition in the United States Bankruptcy Court for the Eastern District of New York Case No. 22-43054-jmm. By Notice of Automatic Dismissal of Case under Bankruptcy Code § 521(i)(1) dated January 23, 2023, Robert A. Gavin, Jr., the Clerk of the Court dismissed the Bankruptcy Petition.
The Units will be sold AS IS.
Dated: February 28, 2023
Borah, Goldstein, Altschuler, Nahins & Goidel, P.C. Attorneys for Apartment Corporation
377 Broadway
New York, New York 10013
(212) 431-1300, ext. 319
Contact: Tilly Wong