Here’s the 411 on Mary J. Blige’s financial troubles — they’re worse than we thought. The “No More Drama” singer’s reported money problems have gotten so bad, she was slapped with a notice on the door of her tony upper West Side apartment building after it was discovered that she “had a rent-paying problem” last November. The luxe building, the Ashley, boasts a basketball court, state-of-the-art gym and bowling alley.
“It was for not paying back rent,” said a
real estate source who has leased apartments at the building. A three-bedroom
apartment at the Extell Development site, similar to the one Blige was renting,
rents for $9,000 to $12,000 monthly, depending on the view and amenities. Our
source says the 42-year-old singer was there for a little more than a year
before the note was plastered on the front door of the pad.
It is not clear if Blige sorted out the
problem with building management.
Click to read more after the cut........
As to what could be rapidly draining her
fortune, Blige has been fighting a series of copyright infringement lawsuits. A
music industry insider estimates this could be costing her upwards of $1
million yearly.
Blige, whose net worth was at one point a
reported $45 million, has dug herself into a huge financial hole. In December,
New Jersey filed a $901,769 lien against the singer. In November she was sued
for failure to repay a $2.2 million personal loan that she and husband Kendu
Isaacs defaulted on.
According to court documents filed in New
York State Supreme Court in Manhattan, Signature Bank is seeking to recoup the
original loan plus $58,000 in interest. The suit also names her production
company, Mary Jane Productions Inc.
Read more at http://bossip.com/730178/whats-the-411-mary-j-blige-facing-eviction-after-failing-to-cough-up-12k-a-month-in-rent-for-nyc-penthouse/#kgWpbc8oZfH2QW0M.99
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