Linda Salamon, who thought she had scored the deal of a lifetime when she picked up a $400K Seward Park apartment for just $33K at auction, is now suing to keep possession of the place. The Lower East Side complex's co-op board voided the sale on the grounds that the board's right of first refusal was circumvented. Salamon's lawyer claims the board had no such right because this was a bank-ordered short sale, but there's sure to be a battle considering the value of every shareholder's apartment is at risk. That even goes for one of the complex's more eccentric residents, P.S.1 curator Klaus Biesenbach, whose nearly-unfurnished high-floor apartment was featured in W.
· Seward Park co-op board voids sale of one-bedroom that went at auction for $33G [NY Daily News]
· Validation for Ultra-Minimalist Living Courtesy of PS1 Curator [Curbed National]