From Fame to Foreclosure: Bill Cosby's Dramatic Fall from a $400M Fortune to Unkeepable $29M Mansion

Bill Cosby is facing escalating real estate challenges on the Upper East Side, with reports indicating that two of his Manhattan townhouses have entered foreclosure, as noted by The New York Post. The embattled 88-year-old comedian, alongside his spouse Camille, has put their long-time residence, the esteemed Luyster Mansion at 18 East 71st Street, on the market for $29 million, according to Realtor.com. The decision to sell comes after several months of financial difficulties. Court documents reveal that the couple defaulted on $17.5 million in loans tied to their New York properties, compelling both homes to be listed. Once among the most lucrative entertainers in America, Cosby now confronts the reality of relinquishing prestigious real estate that symbolized his past success. The listing promotes the mansion's architectural significance, omitting any mention of its controversial owner. Additionally, Cosby is selling his East 61st Street townhouse, further indicating his financial predicament. Initially priced at $7 million, it now sits at $6.75 million after failing to attract interest, all while his legal team disputes alleged inaccuracies in foreclosure claims against their East 61st property.

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