Hip-hopper’s Tribeca duplex headed to auction block

Damon Dash

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]

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