Record producer's Cove Neck estate taken by bank

A Cove Neck estate owned by Grammy-winning record producer Ric Wake was reclaimed by the bank at auction earlier this week in Nassau County Supreme Court in Mineola, the court clerk's office confirms.

The "upset price" for the home had been set at $4.4 million. There were no bidders. The property is now owned by Bancorp Bank.

Wake, who has produced recordings for Brookville residents Marc Anthony and Jennifer Lopez and singer Mandy Moore, has had the home on the market for the past year, listed at $6.5 million. While the bank now has ownership of the property, it will still be represented by Prudential Douglas Elliman’s John Martin and Barbara Brundige, who could not be reached for comment.

Tennis great John McEnroe and former wife actress Tatum O’Neal at one time lived in the carriage house on the 4.18-acre compound, when it was owned by McEnroe’s parents. They sold the property in 2000.

The home was featured last year in an episode of HBO’s “Curb Your Enthusiasm.”