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Damon Dash Pretty Much F*cked (Financially)
By
Jen Carlson
Published Nov 14, 2008
Modified Nov 14, 2008
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By
Jen Carlson
Published Nov 14, 2008
Modified Nov 14, 2008
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This summer Roc-a-Fella Records co-founder Damon Dash received a warning from his bank after having not made a payment on his $78,504.20-a-month mortgage since January. Now the Daily News is reporting that the bank wants his two Tribeca condos, which under the same mortgage and located at 25 N. Moore Street and 79 Laight Street. On top of losing the homes, the city is seizing his SUV and "his lawyer dropped him for not paying his legal bills." Yikes, what happened to the $20 million he got for selling his half of Roc-a-Fella to Jay-Z? He also has an outstanding $2.1 million bill from the New York State Department of Taxation and Finance. A lawyer who settled another suit against him and his wife for unpaid fees told the paper, "to borrow a phrase from my Kentucky homeland, they haven't got a pot to piss in - they're broke."
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damon dash
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Jen Carlson
Jen Carlson is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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