In the News: Damon Dash Foreclosure

••• “Former hip hop mogul Damon Dash ran into some money trouble a few years back (we can think of a few reasons why) and reportedly stopped paying a $78,504.20-per-month mortgage. His $7.3 million loan was for a pair of Tribeca lofts, one at 72 Laight Street, and the other a 5,200-square-foot duplex in The Atalanta at 25 N. Moore Street, one of the neighborhood’s power buildings. Jay-Z’s ex-bestie tried to sell that Atalanta stunner for $7.9 million (he bought it for $3.875 million back in 2004) to pay off his debts, but the guy’s got 99 problems and this condo stayed one—until 1 p.m. tomorrow [today] at the New York County Courthouse, when a new owner could emerge. That’s the time and place for the scheduled foreclosure auction of Dash’s duplex, according to broker-blogger Manhattan Loft Guy, which follows a March court judgment in favor of the bank.” (Curbed)

••• The New York Times‘s Clyde Haberman looks at the politics of the Park51 fear-mongering. Related: CB1 decided against landmarking the building. (DNAinfo)

••• Imagination Playground (left) opened at Burling Slip (between South and Front Streets). (Broadsheet Daily)

••• Assemblyman Sheldon Silver’s plan to control the rats in lower Manhattan. (Curbed)

••• “After a year of work, a group of Community Board 1 volunteers headed by Tom Goodkind has produced a ‘Seniors’ Guide for Lower Manhattan,’ which will be officially released today. The 55-page guide covers housing and senior centers, health and safety resources, transportation benefits for seniors and local clubs and organizations that serve seniors. It also lists advocacy groups and useful websites and phone numbers such as those for the New York State Office for the Aging, National Shared Housing, Meals on Wheels and MTA accessibility.” (Broadsheet Daily)

 

Comments are closed.