The La Renaissance Banquet & Conference Center in East Windsor is still headed to a foreclosure auction at the end of April.
But the 27,500-square-foot hall on eight acres off Prospect Hill Road was listed for sale last week with an asking price of $3.97 million.
The asking price is above the property’s appraised value of $3.3 million as of last fall, according to court documents.
It’s not unusual that a property owner facing a foreclosure auction might try to sell the property before a forced sale. What is unusual in this case is that the listing was made just a few weeks before the April 27 sale date, brokers told me today.
Gus Constantine, a Glastonbury lawyer overseeing the auction, told me this afternoon that the auction was still going forward, as of today.
La Renaissance’s web site is still up. But a call to the number listed on the site yielded a recording that the number was no longer in service.
Peter Ressler, a New Haven lawyer representing owner Dharamschi LLC, did not return a call seeking comment.
The listing, by Chozick Realty, Inc. of Hartford, states: “La Renaissance offers an outstanding and unique opportunity to further expand the well known name of La Renaissance or for further development of this very diverse location.”
Read more here about buyer interest in the property.
The listing notes that La Renaissance is directly across Route 5 from a new, 200,000 square foot Walmart Supercenter near the highway.
Chozick Realty declined comment this afternoon on the timing of the listing and auction.