Cooperative Apartment
UCC Foreclosure Auction

Details:

• 321 Shares of Stock appurtenant to Unit 1509, 320 East 42nd Street, New York, NY
• PLEASE TAKE NOTICE, by virtue of a default under a certain proprietary lease (the “Lease”) by and between Woodstock Owners Corp. (“Lessor”) and Lisabeth O’Keefe a/k/aLisabeth Louise O’Keefe (“Lessee”) for Apartment No. 1509 (the “Apartment”) located at 320 East 42nd Street, New York, New York, which default resulted in the termination and cancellation of the Lease, Maltz Auctions (“Maltz”), by Richard B. Maltz, Licensed Auctioneer and/or David A. Constantino, Auctioneer, will conduct a public sale of the security consisting of 321 shares of stock of the Lessor (the “Shares”) appurtenant to the Apartment and all the right, title and interest in and to the Lease at Public Action via online bidding on April 6, 2026 at 3:00 PM (eastern standard time), in satisfaction of an indebtedness in the principal amount of $63,483.09 (as of December 31, 2025) plus interest from January 1, 2026 and subsequently accruing maintenance charges and all additional costs, fees, and disbursements permitted under the Lease.
• The current monthly maintenance for the Apartment is $1,580.33.
• PLEASE TAKE FURTHER NOTICE that this sale is held to enforce the rights of the Lessor as a holder of a security interest in the Shares and Lease herein described based upon the non-payment of maintenance, late charges, administrative and legal fees. The Lessor reserves the right to bid/purchase and reject all bids to the extent that the amount of the bid for the Shares and Lease is not greater than the amount of the past due sum owing to Lessor under the Lease. This sale is subject to the approval of the successful bidder by the Board of Directors of the Lessor. A cashier’s check or wire transfer (contact information for wire instructions below) payable to Rukab Brash PLLC, as attorneys, in an amount equal to ten (10) percent of the successful bid is required at knockdown to purchase the Shares and Lease. No endorsed checks or cash will be accepted.  Closing shall occur within thirty (30) days of the auction. The successful bidder, in addition to the balance of the successful bid amount, will be required to pay the New York City and New York State transfer taxes and filing fees associated therewith together with the Lessor’s application, purchaser and transfer agent fees at the time of closing. The Apartment is sold “AS IS” and the sale is subject to the Terms & Conditions of Sale, the Lease, the Lessor’s By-Laws, the offering plan and any amendments thereto, and to any other rules and regulations of the Lessor.
• Bidder Qualification Deadline: April 5, 2026 by 4:00 p.m., time being of the essence.  Executed Terms & Conditions of Sale along with a $10,000 deposit (to be submitted via wire transfer or cashier’s check) are required for consideration by any interested party and submitted directly to Maltz. Requests for wiring instructions and/or the Terms & Conditions of Sale should be sent to [email protected].