Bill Cosby and his wife Camille have defaulted on a $17.5 million loan taken against a historic townhouse, amid ongoing financial struggles after many scandals.
The couple has not made any payments on the loan since June, and they also owe over $300,000 in taxes on the property, according to Manhattan Supreme Court documents.
Cosby's reputation has been irreparably damaged as a result of sexual assault allegations from more than 60 women, leading to his conviction and public disgrace.
The historic townhouse at 18 East 71st St. was originally purchased as a gift for Camille, but legal troubles and financial issues have since plagued the property.
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