Georgina Chapman Is Facing Foreclosure on Her Jane Street Apartment
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Georgina Chapman Is Facing Foreclosure on Her Jane Street Apartment
"Chapman bought the apartment in 2009 for $1.7 million in an all-cash deal but has re-mortgaged it twice in the years since with her brother, Edward Chapman, who is also the CEO of Marchesa. According to the foreclosure complaint, the pair allegedly defaulted on the mortgage last November and now owe the original $2.5 million loan plus interest and late fees."
"The condo board also sued Chapman and her brother for more than $7,000 in unpaid common charges. But it's not just the apartment - Chapman is being sued by GFP Real Estate for $1.4 million in back rent for Marchesa's lease at 80 Eighth Avenue. The company seems to have been floundering for a while now - Puck reported back in March that Marchesa was mired in complaints from customers who hadn't gotten refunds for returned items."
Georgina Chapman faces a foreclosure lawsuit on her West Village condo at 99 Jane Street. She bought the apartment in 2009 for $1.7 million in an all-cash deal and re-mortgaged it twice with her brother, Edward Chapman. The foreclosure complaint alleges the pair defaulted on a mortgage last November and now owe the original $2.5 million plus interest and late fees. A condo board sued for over $7,000 in unpaid common charges. GFP Real Estate sued for $1.4 million in back rent for Marchesa's lease at 80 Eighth Avenue. Marchesa has customer complaints about unrefunded returns. Chapman finalized her divorce from Harvey Weinstein in 2021 and reportedly received $15–20 million in settlement; current status of those funds is unclear.
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