From left: hip-hop exec Damon Dash and the interior of his Atalanta apartment
The foreclosed Tribeca loft of has just gone into contract, Curbed reported. The asking price for the property ticks in at $7.95 million. Prudential Douglas Elliman was the listing agent for the apartment, which has 5,142 square feet of space.
A year after finding a buyer for one foreclosed Damon Dash Tribeca apartment, Eastern Savings Bank finally found a suitable taker for the hip-hop producer’s second such apartment at 79 Laight Street. Curbed, citing the Manhattan Loft Guy blog, said the 2,888-square-foot, two-bedroom, two-and-a-half-bathroom triplex was snapped up for $2.85 million.
Combine that purchase with the $5.5 million the first apartment, a 5,200-square-foot duplex in the Atalanta at 25 North Moore Street, garnered, and the bank appears to have recouped the entire $7.3 million Dash took out on the properties in 2006. [more]
The buyer who snagged hip-hop mogul Damon Dash’s Tribeca condominium for $5.5 million at a foreclosure auction in July unknowingly inherited an unwelcome, but high-profile, boarder along with the 5,000-square-foot spread. Harris Stasis, who purchased the Atalanta unit from Eastern Savings Bank through his One Platinum Company LLC, told the Observer that he’s heading back to court Sept. 23 to evict fashion designer Rachel Roy, Dash’s ex-wife, who is still squatting in the apartment at 25 North Moore Street. Unfortunately for Stasis, who says he is “entitled to a vacant apartment,” the foreclosure property was actually sold “as is” — squatters included. That means any costs and headaches incurred from the eviction process are his responsibility. [NYO]
Two foreclosed Tribeca condominiums belonging to hip-hop executive Damon Dash went up for auction at Manhattan Supreme Court this afternoon, one sparking a bidding war and the other landing back in the hands of the lender. The two loft units, #3A/4A at 25 North Moore Street, also known as theThe Tribeca duplex that belongs to hip hop mogul Damon Dash, former pal
of Jay-Z and co-founder of the pair’s Roc-a-Fella Records, is scheduled
for a 1 p.m. foreclosure auction tomorrow at the New York County
Courthouse, according to Manhattan Loft Guy. Dash bought the
5,200-square-foot spread in the Atalanta at 25 N. Moore Street for
$3.875 million in 2004. Dash had a $7.3 million loan out on the
property, along with another loft he owns at 79 Laight Street, but reportedly stopped making
his $78,500-per-month mortgage payments in January. The four-bedroom,
four-bathroom Atalanta unit being auctioned tomorrow, which Dash once
tried to sell for $7.9 million in order to pay off his debts, has
20-foot ceilings in the living room and large windows facing north and
south. [Manhattan Loft Guy via Curbed]
The Tribeca duplex that belongs to hip hop mogul Damon Dash, former pal of Jay-Z and co-founder of the pair’s Roc-a-Fella Records, is scheduled for a 1 p.m. foreclosure auction tomorrow at the New York County Courthouse, according to Manhattan Loft Guy. Dash bought the 5,200-square-foot spread in the Atalanta at 25 N. Moore Street for $3.875 million in 2004. Dash had a $7.3 million loan out on the property, along with another loft he owns at 79 Laight Street, but reportedly stopped making his $78,500-per-month mortgage payments in January. The four-bedroom, four-bathroom Atalanta unit being auctioned tomorrow, which Dash once tried to sell for $7.9 million in order to pay off his debts, has 20-foot ceilings in the living room and large windows facing north and south. [Manhattan Loft Guy via Curbed]
