Ex Roc-A-Fella Co-Owner Loses Real Estate Case
Fri, 30 Jul 2010 12:07:50
Former Roc-A-Fella co-owner Damon "Dame" Dash has reportedly lost his multi-million dollar New York City duplex after it was auctioned off for over $5 million on Wednesday, reports the New York Post. The auction in state Supreme Court was ordered after Dash was sued nearly two years ago for failing to pay the $78,504 monthly tab on a $7.3 million mortgage on the two Manhattan apartments he owned. No one is safe from the real estate crisis.
Only one of the homes, at 25 N. Moore, fetched any interest yesterday, with the winning bid going to a California-based mortgage and finance firm called Platinum Capital Partners.
What the hell is wrong with entertainment personalities and their accountants?