“You are in danger of losing your home.”
That was the warning attached to a foreclosure action filed this week against Sheikh Sultan A. Al Qasimi, ruler of the Gulf emirate of Sharjah and owner of unit 2A at Zeckendorf Development’s 15 Central Park West.
Al Qasimi and his daughter, Bodour Al Qasimi, bought the 2,915-square-foot pad in 2014 for $14.25 million — about $4,888 per square foot — according to property records.
Lawyers representing Bank of New York Mellon and an affiliated trust allege that the family has since failed to pay the balance of a $334,101 tax lien sold to the trust in August 2019. The lawyers argue the parties have grounds to foreclose under the city’s Administrative Code and are asking the court to order the sale of the property, with proceeds going toward the