Broke entertainment mogul could lose $16M UES home to foreclosure

Robert Sillerman defaulted on mortgages in 2015
September 22, 2017 08:22AM

It’s now or never for Robert Sillerman and his mortgage payments. The entertainment mogul and former owner of Elvis Presley Enterprises is about to lose his $16 million Upper East Side home to foreclosure after defaulting on $12.5 million in loans back in 2015.

Sillerman bought the five-story home at 151 East 72nd Street from HBO executive Richard Plepler for $12 million in 2013 and took out two $6 million mortgages. The building is now worth $16 million, the New York Post reported, and lender ESFX Holdings is suing to force a sale.

Although reportedly broke, Sillerman lives on a golf course in Montauk. [NYP] — Konrad Putzier