The Celebrity Foreclosure Epidemic
cityfile · 06/09/08 09:10AMThe news concerning the New York real estate market isn't terribly upbeat—the Times reported over the weekend that resale prices at certain chic New York City developments (like 40 Bond and the Time Warner Center) are dipping—but the situation seems to be a whole lot worse if you're a celeb who reached your prime a decade or two ago. The celebrity foreclosure club now includes Jose Canseco, Michael Jackson, Latrell Sprewell, Ed McMahon, Aretha Franklin, Don Johnson, and Evander Holyfield. Celebreality to the rescue! [Luxist]