realestate

Cosby's NYC Townhouse Faces Foreclosure Over Alleged $4.2M Loan Default

Court records reveal an 87-year-old man's alleged $millions debt on a Lenox Hill property he bought with his wife in 1980.

B
ill Cosby, a once-beloved TV icon now tainted by scandal, is facing foreclosure on his Manhattan townhouse after allegedly defaulting on a $4.2 million loan. The 87-year-old comedian and actor, known as "America's Dad" for his role in 'The Cosby Show,' purchased the Lenox Hill property with his wife Camille in 1980.

    Court documents show CitiMortgage has filed a lawsuit claiming the couple owes millions on the four-story residence at 243 E. 61st St. The financial giant alleges they still owe $3.7 million in principal, with additional interest and fees accumulating.

    The brownstone spans 5,000 square feet and was reportedly used as a second home by Cosby's family. While it is unclear if the couple lived there, records suggest their late son Ennis primarily used the property before his murder in Los Angeles in 1997.

    Cosby's reputation crumbled after dozens of women accused him of sexual misconduct, leading to a conviction for assaulting a woman 14 years earlier. He served three years of a 10-year prison sentence before Pennsylvania's Supreme Court overturned the conviction in 2021. Cosby has repeatedly denied all allegations against him.

    As of now, Cosby has no listed legal representation in the foreclosure case, and his former attorney Jennifer Bonjean has not commented on the matter. CitiMortgage's lawyer also declined to respond to inquiries about the case.

Bill Cosby's NYC townhouse facing foreclosure due to $4.2M loan default.