Bill Cosby’s Gilded NYC Home Enters Foreclosure Amid Mounting $21M Debt

Bill Cosby faces foreclosure on his New York townhouse listed at $7 million after ceasing mortgage payments in June 2024. CitiMortgage has launched a lawsuit over a $4.2 million loan default linked to his LLC. Originally acquired in 1980 for $1.2 million, this six-bedroom, 5,000-square-foot residence symbolizes his dramatic decline amid longstanding sexual assault allegations. Cosby, once regarded as “America’s Dad,” is burdened by mounting debts that include significant unpaid taxes and additional properties at risk of foreclosure.