
"Barely a month after listing it, Bill Cosby has found a buyer for 18 East 71st Street - one of the two Upper East Side townhouses the 88-year-old disgraced comedian has on the market. As first reported by Realtor.com, the six-story neoclassical mansion went into contract on October 16. The asking price was $29 million. The accused serial rapist is likely looking for some cash."
"First Foundation, the lender on the $17.5 million loan tied to the East 71st Street house, moved to foreclose on the 12,000-square-foot property on December 31. In court papers, First Foundation alleged Cosby and his wife, Camille, stopped making loan payments in June 2024 and failed to pay $300,000 in property taxes. That came weeks after CitiMortgage filed a foreclosure suit on Cosby's 5,000-square-foot, four-story townhouse at 243 East 61st Street, claiming the couple had defaulted on the $4.2 million loan they owe over the property."
Bill Cosby has a buyer under contract for 18 East 71st Street, a six-story neoclassical mansion listed for $29 million that went into contract on October 16. First Foundation, lender on the $17.5 million loan for the 12,000-square-foot property, moved to foreclose on December 31, alleging loan payments stopped in June 2024 and $300,000 in unpaid property taxes. Weeks earlier, CitiMortgage filed a foreclosure suit on Cosby's 243 East 61st Street townhouse, alleging default on a $4.2 million loan. The Cosbys have denied First Foundation's claims and asserted that CitiMortgage miscalculated the amount owed. A completed sale could prevent a foreclosure auction on East 71st.
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