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Broke entertainment mogul could lose $16M UES home to foreclosure
Robert Sillerman defaulted on mortgages in 2015
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