Auction by: Maltz Auctions

Bankruptcy Auction

High-End Construction – Prestigious Fox Meadow Enclave

Live Off-Site Auction

Began: Thursday, November 15, 2018 at 11:00 AM EST

Location: US Bankruptcy Court, 300 Quarropas Street, White Plains, NY 10601


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Bankruptcy Auction – United States Bankruptcy Court Southern District of New York

Jointly Administered under In re: MICHAEL P. D’ALESSIO, et al., · Case # 18-22552 (RDD)

5 BR Luxury Home – Partially Complete

High-End Construction – Prestigious Fox Meadow Enclave – 3 Minute Walk to Town


  • 17 Circle Road, Scarsdale, Westchester County, NY 10583
  • 5 Bedrooms and 5.5 Baths (Plus Au Pair Suite and Full Bath in Basement)
  • Full Basement
  • 2 Fireplaces
  • 2.5 Car Attached Garage
  • High-End Construction with Meticulous Attention to Detail
  • Electric and Plumbing Roughed-In and Sheetrock Complete
  • 13,817 Sq Ft Lot

        First Floor:

  • Grand Entry Foyer (19′ Ceiling)
  • Oversized Eat-in Kitchen 
  • Great Room With Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Butler’s Pantry with Wet Bar
  • Bedroom with En-Suite Full Bath
  • Powder Room
  • Mudroom

        Second Floor:

  • Master Suite with En-Suite Bath and Dual Walk-In Closets
  • 3 Bedrooms with Private En-Suite Baths & Walk-In Closets
  • Laundry Room
  • Attic Access


  • Au Pair Suite
  • Full Bathroom
  • Home Gym
  • Home Theater
  • Entertainment Room with Wet Bar
  • Utility/Mechanical Room


  • Fuel: Gas
  • Heat: Forced Hot Air
  • Central Air Conditioning
  • (2) 200 Amp Panels
  • Generac Generator Panel

        Additional Information:

  • Scarsdale School District  
  • .3 Miles to Scarsdale Train Station
  • .2 Miles to Village Shopping and Restaurants
  • Also Selling on November 15th is the Adjacent Building Lot at 17 Circle Road. Click Here for Details on 15 Circle Road & Click Here for Details on Both Properties


Inspection/Viewing: Tuesday, November 6th & Monday, November 12th from 10:00 a.m – 12:00 p.m.

Auction Date & Time:  Thursday, November 15, 2018, at 11:00 a.m.  Registration begins at 10:00 a.m.

Auction Location:  Crowne Plaza Hotel, 66 Hale Avenue, White Plains, NY 10601.

Terms & Conditions of Sale: The Real Property will be sold free & clear of all interests, including monetary liens.* In order to register to bid, all prospective bidders must present a certified or official bank check in the amount of $100,000 made payable to “Marianne T. O’Toole, as Chapter 7 Trustee”.  Please download the complete Terms and Conditions of Sale. 


Marianne T. O’Toole, solely as Chapter 7 Trustee of 17 Circle Road-MBI LLC
LaMonica Herbst & Maniscalco LLP, Attorneys for the Chapter 7 Trustee

 Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
 Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105 


* The Real Property is being sold “AS IS” “WHERE IS”, “WITH ALL FAULTS,” without any representations, covenants, guarantees or warranties of any kind or nature whatsoever, and free and clear of any and all interests including, but not limited to, liens, claims, encumbrances, interests, judgments and/or mortgages, or adverse claims to title, of whatever kind or nature (collectively, “Interests”), with such Interests, if any, to attach to the proceeds of sale in such order and priority as they existed immediately prior to the entry of the Order for Relief against debtor 17 Circle Road-MBI LLC, and subject to, among other things: (a) any state of facts that an accurate survey may show; (b) any covenants, restrictions and easements of record; (c) any state of facts a physical inspection may show; (d) any building or zoning ordinances or other applicable municipal regulations and violations thereof; and (e) environmental conditions. By delivering their respective deposits, all prospective bidders acknowledge that they have had the opportunity to review and inspect the Real Property, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Real Property in making their bids. Neither Maltz, the Trustee, the attorneys for the Trustee nor any of their collective representatives make any representations or warranties with respect to the permissible uses of the Real Property including, but not limited to, the zoning of the Real Property. All prospective bidders acknowledge that they have conducted their own due diligence in connection with the Real Property and are not relying on any information provided by Maltz, the Trustee, the attorneys for the Trustee or any of their collective representatives. The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  It is the responsibility of all prospective bidders to determine the accuracy of all components of the sale and Real Property.  All prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries, and due diligence concerning the Real Property, including without limitation, the environmental and physical condition of the Real Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the public auction.  

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.