One of Bill Cosby’s New York City properties has a new extremely lower asking price— nearly a million dollars decrease.
Another Cut
The disgraced comedian has reduced the asking price of his Upper East Side townhouse to $5.99 million, a cut of more than $750,000 from the previous $6.75 million listing, according to the New York Post.
The price change follows a California civil jury’s decision ordering Cosby to pay nearly $60 million in damages tied to sexual assault allegations dating back to 1972.
The jury award included $17.5 million in past damages, $1.75 million in future damages, and $40 million in punitive damages.
Donna Motsinger, the plaintiff, said, “This verdict is not just about me — it’s about finally being heard and holding Mr. Cosby accountable. I have carried the weight of what happened to me for more than 50 years. It never goes away.”
“Today, a jury saw the truth and held him accountable. That means everything. I hope this gives strength to other survivors who are still waiting for their moment to be heard,” her statement continued.
As Finurah previously reported, Cosby’s East 61st Street townhouse, purchased in 1980 for $1.2 million, spans roughly 5,000 square feet with six bedrooms and six bathrooms in the Treadwell Farm Historic District.
A listing agent previously said, “All issues with the lender have been resolved. The property is now being renovated and we plan to list in the New Year,” Realtor.com reported.
The property features a red oak staircase, fireplaces, exposed brick, oak floors, a private backyard with a fire pit and barbecue, an early residential elevator, rooftop access, and a skylit primary suite described as offering “privacy, scale, and authentic architectural grace,” Realtor.com reported.
Financial pressure has mounted in recent years. CitiMortgage alleged a $4.2 million loan default with more than $3.7 million owed including fees, while First Foundation Bank alleged $17.5 million in defaulted loans with payments stopping June 1, 2024, and more than $300,000 in unpaid property taxes, the New York Post reported.
Cosby previously sold another Upper East Side property, the East 71st Street Luyster Mansion, for $28 million after listing it for $29 million.
