Betsy Johnson's Penthouse SOLD! At a major discount.

That's nothing. Rapper Damon Dash is on the verge of losing his condo in Tribeca to foreclosure because he defaulted on his $75,000 a month mortgae.

Yawn.

This is terribly old news, and was already a discussion thread mention on streeteasy a month or so ago.

$2.5 for a 1600 square foot pseudo 2 bed/1 bath (really a 1 bed), with $3000 maintenance, that (unless you are into gawdy decor) needs to be totally redone - doesn't sound like a steal or an example of how this marekt is taking a beating.

Can anyone explain how she paid $98,000 for unit 16B in May 2005? Something seems off, I'm missing something or she is quite the saavy business person and made a killing on this thing in two years.

Also - is there a single closet in that entire apartment?

layout was atrocious and very individualized. the decor was dated and extreme and would require a complete redo unless you like floor to ceiling pink in every square inch.

Any listing that includes the phrase 'fabulously frou-frou furnishings' is sure to be a doozy. What a train-wreck.