Bankrupt Gawker founder Nick Denton lists Soho loft for $4.25M after judge denies rental attempt

Posted On Fri, October 21, 2016 By

Posted On Fri, October 21, 2016 By In Celebrities, Cool Listings, Soho

After the infamous $140 million Hulk Hogan lawsuit, Gawker founder Nick Denton owes $1.73 million on the mortgage of his Soho loft with a monthly payment of $14,985, according to court filings uncovered by the Wall Street Journal. Just as Univision took over his former company in August, he tried to rent the pad at 76 Crosby Street, but a bankruptcy judge denied the transaction. He’s now listed his home for $4.25 million, which would certainly make a dent in the $10 million that he owes as part of the invasion of privacy judgment.

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The 2,556-square-foot, two-bedroom condo has 12-foot ceilings, original cast iron columns and wood ceiling beams, and a private entrance on Spring Street. The corner living/dining room has seven tall windows flanked by built-in shelves and each with its own window seat.

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The sleek black kitchen is open to the living space and boasts a six-burner Viking stove, wine cooler, double sink, double oven, and a stainless steel island that can seat five.

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The master suite has two walk-in closets, a separate reading area/”zen room,” and a tranquil bath complete with a square teak Japanese soaking tub. There’s also a second bedroom that has its own bathroom and could function as a den or media room.

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Denton bought the loft in 2004 for $1.87 million, and now said in court documents that it’s one of his only assets. He originally listed it in May for $15,000/month, but in August was willing to take $12,500. A bankruptcy judge denied this deal, however, stating that it would be merely “a short-term solution to what is a long term problem.”

[Listing: 76 Crosby Street, 2B by Jared Seligman and Evan Danzig of Douglas Elliman]

[Via WSJ and CityRealty]

RELATED:

Photos courtesy of Douglas Elliman

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Neighborhoods : Soho

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