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

Robert Sillerman defaulted on mortgages in 2015

TRD New York /
Sep.September 22, 2017 08:22 AM

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


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
(iStock)

City Council may extend deadline for construction safety training

City Council may extend deadline for construction safety training
Commercial evictions are on ice — for now

Commercial evictions get greenlight, but only in name

Commercial evictions get greenlight, but only in name
The 5 trending TRD videos you may have missed this week

The 5 trending TRD videos you may have missed this week

The 5 trending TRD videos you may have missed this week
Rent The Runway CEO and co-founder Jennifer Hyman and a store location in New York City (Getty)

Another clothing casualty: Rent the Runway to shutter its stores

Another clothing casualty: Rent the Runway to shutter its stores
505 Broome Street (Google Maps)

Paul Stuart sweeps up new lease on Broome Street

Paul Stuart sweeps up new lease on Broome Street
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...