Former co-owner of Roc-A-Fella records, Dame Dash, has reportedly lost his multi-million dollar New York City duplex after it was auctioned off for over $5 million dollars yesterday (Wednesday July 28th). Detail of the auction were released last night.
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. 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. Edward Farrell, a lawyer representing the buyer, plunked down a check for 10 percent of the sale price in court, but refused to answer any questions about his client. (New York Post)
Dame Dash – Footage (Loses Million Dollar Home)