Damon Dash - Damon Dash Facing Eviction Over $100,000 Rent Debt
Beleaguered rap mogul Damon Dash is facing eviction from his New York home after falling $100,000 (£64,516) behind on his rent, a court has heard.
Dash was ordered to pay $240,000 (£154,839) to apparel boss Tom Nastos by a Manhattan Supreme Court judge on Thursday (09May13), plus an additional $90,000 (£58,065) in interest after allegedly failing to return a 2006 loan.
During the hearing, the music executive, who once co-owned Roc-A-Fella Records and the Rocawear clothing line with Jay Z, revealed he had fallen into such a dire financial situation he was close to being evicted from his rented home in Carmel, New York due a massive rental debt.
In his filing for the court, he wrote, "I am currently several months behind in paying my personal bills. For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted."
Dash's documents also revealed he owes more than $2 million (£1.29 million) in taxes to New York state and hands over $24,000 (£15,484) to his ex-wife, fashion designer Rachel Roy, every three months in child support for their two children.