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NYC Townhouse Once Home to Travis Scott, John Philip Sousa Goes Bankrupt

Submitted by jhartgen@abi.org on

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, Bloomberg News reported. 80 West Washington Place Real Estate Holdings LLC, the legal entity that owns the abode, filed for chapter 11 protection yesterday. It disclosed liabilities of more than $20 million in court papers. Sitting less than a block from Washington Square Park, the townhouse dates to the 1800s and was once owned by composer John Philip Sousa. Its more than 8,700 square feet holds six beds and eight baths, according to a listing from Compass. Other draws include a wine cellar, hot tub and private spa. 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.