Arlene Farkas’ River House apartment to be auctioned
Bigamist department store heir Bruce Farkas’ estranged wife will suffer the humiliation of a public foreclosure auction of her River House apartment — and she has her snooty coop board to thank.
Arlene Farkas had defaulted on more than $6 million in mortgage payments on her E. 52nd St. unit last year — but she worked out a last-minute, face-saving, debt-retiring sale of the apartment to the French government for $7.8 million.
But the coop board sniffed at the French last month. And now, the dreamy duplex is headed back to the auction block.
Stein, Wiener & Roth, the law firm handling the auction, confirmed that the proceedings will now move ahead following the co- op board turndown .
Farkas fought an 18-year battle to wrest control of the apartment following her divorce from her cheating ex, who got hitched to a former Alexander's employee while still married to his wife. His double life was only uncovered when the couple's kid...