One57 Foreclosure

Does a Middle Eastern businesswoman own the One57 unit facing foreclosure? Sheri Izadpanah reportedly bought the $21.4M condo in 2015

One57 at 157 West 57th Street (Credit: Getty Images)

International businesswoman Sheri Izadpanah may be the owner of the上海同城对对碰交友社区

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luxury condominium at One57 that s become the first pad on Billionaires Row 新爱上海同城对对碰论坛

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to face foreclosure.

Izadpanah, who snagged the apartment two years ago, operates a high-end lifestyle concierge company in Dubai called Louis Fourteen, the New York Post reported. She is also the associate editor of a Dubai fashion magazine, Mojeh. The magazine was founded by Iranian socialite Mojeh Izadpanah, who may be a relative, according to the Post.

The June 14 foreclosure auction is a rarity in the 爱上海同城

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world of uber-luxury pads and at One57, which is home to the city s most expensive apartment, the $100.5 million penthouse.

According to the Post, Izadpanah may have purchased unit 56C through an LLC called Central Park Immobilier, which paid $21.4 million in 2015, property records 上海千花社区

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show. There s a lien on the property for $20.9 million plus interest and costs. Larry Tetelman, an attorney for Central Park Immobilier, declined to comment.

The four-bedroom pad, which measures 3,466 square feet, has been on the market for more than a year with an asking price of $22.5 million. Platinum Properties Khashy Eyn is marketing the pad with Cash Bernard. [NY上海龙凤论坛sh1f

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P] E.B. Solomont

(To view residential sales transactions at One57, click here)

Tags: Billionaires Row, foreclosures, one57, Residential Real Estate
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