A sprawling Greenwich Village townhouse once rented by rapper Travis Scott — and now listed for $22.5 million — has entered bankruptcy ahead of a scheduled foreclosure auction.
80 West Washington Place Real Estate Holdings LLC, the legal entity that owns the abode, filed for Chapter 11 protection on Tuesday. It disclosed liabilities of more than $20 million in court papers.
A mortgage lender sought to foreclose on the property in 2021, according to papers filed in New York state court. A foreclosure sale was scheduled for Wednesday. Chapter 11 can pause legal actions by imposing an automatic stay on all pending litigation.
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