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Bill Cosby threatened with foreclosure on two NYC townhouses after he 'failed to pay' loans worth $21 MILLION
Bill Cosby is reportedly facing the threat of foreclosure on two New York City townhouses worth millions of dollars each.
Cosby, 87, and his wife Camille, 80, are accused in a lawsuit of defaulting on $17.5 million in loans on a six-story townhouse located on East 71st Street in Manhattan, according to court documents. Crain's previously reported in December that Cosby is also facing foreclosure on a townhouse on East 61st Street in Manhattan, after he allegedly failed to keep up payments on a $4.2 million loan. According to Our Town, the $17.5 million figure the disgraced comedian is accused of failing to keep up payments on is a combination of two loans Cosby took out on his East 71st Street property.
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