Estate Of the Day: Damon Dash’s Foreclosure Woes

August 25, 2008 | Posted by Allison as Estate of the Day at 8:24 am | Comments »

damon-dash-foreclosure.jpgRoc-A-Fella Records co-founder Damon Dash is in a smidge of real estate trouble.  Dash & his wife, fashion designer Rachel Roy, could lose their two Manhattan apartments if they don’t cough up some cash.

Since January of this year the couple has failed to make payments on the properties to Eastern Savings Bank.  Interestingly enough, Dash is guilty of having a $100K federal lien on the two apartments and owes the city of New York a whopping $2 million in back taxes. 

Whew!  That’s gonna be a lot to swallow unless Dash can make some quick dough.  We might just be seeing these luxurious apartments on the market soon….