Valery Kogan and his wife may face foreclosure of their lavish properties at 15 Central Park West and The Plaza due to a $4.2 million loan default.
Rok Lending has initiated a non-judicial foreclosure after the Kogans defaulted on loan payments, with a $38 million loan secured against their opulent properties.
The Kogans originally listed their NYC properties for over $100 million last year but subsequently reduced the asking price as they faced financial difficulties.
Their penthouse at 15 Central Park West, known for the luxurious Limestone Jesus, features high-end renovations, showcasing the impressive finishes that attracted attention from affluent buyers.
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