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 the
Atalanta, and #5F at 79 Laight Street, called the Sugar Warehouse, were
the subject of a 2008 foreclosure suit filed by Eastern Savings Bank.
Bids on the first, a 5,200-square-foot duplex at the Atalanta, began at
$5 million. Dash purchased the four-bedroom, four-bathroom spread for
$3.875 million in 2004 and tried unsuccessfully to sell it for $7.9
million in 2008 with the help of Brown Harris Stevens’ Wendy Maitland.