Another day, another foreclosure – The Gotti’s gotta go! Mafia Princess Victoria Gotti long island estate is facing foreclosure after she has failed to pay a whopping $650,000 in mortgage payments on what may very well be the tackiest home in all of New York. The lender, JP Morgan Chase, claims the daughter of the late Gambino crime family boss John “Dapper Don” Gotti has failed to make payments for two years starting in September 2006. Gotti lives in the house with her three sons in the five-bedroom, 8,500 square foot home. The Gotti estate, which includes a swimming pool, tennis court, stables, guesthouse, waterfalls, a playground, a tacky fountain or two, a pond, and even a go-kart track, stretches over four acres in the blue-blooded enclave of Old Westbury, NY. It is the same house used in the her family’s tv reality show “Growing Up Gotti.” The show also featured Victoria’s spikey gel-headed disrespectful sons Carmine, John, and Frank, but was eventually canceled after because of poor ratings.
After divorcing her husband Carmine Agnello in 2003, Victoria became the the sole owner in 2005 with the bank transferring the deed to the house and the surrounding property over to Gotti. The bank says Gotti owes them $25,000 a month on the house, and claims she never made all the payments. Her mother, also named Victoria, says that her daughter’s “creep” ex-husband was to blame. Gotti claims she was unaware that Agnello had taken out an $850,000 loan out on the home before the transfer of the deed. Agnello, who was recently released from prison after serving eight years for racketeering, has allegedly not paid alimony or child support for her three sons and is now living in Ohio with a new wife.
Per NYDailyNews:
“He still owes the federal government nearly $10 million and yet they still allow him to live this way?” she said.
Gotti once tried to sell the home for $4.8 million but lowered the asking price this past January to $3.2 million. Gotti has been dancing around foreclosure for a couple of years now. In 2007, a lower court decision called a foreclosure on the property by JP Morgan Chase premature, but a Brooklyn appeals court reversed that ruling last week, as well as approving a plan to appoint a referee to coordinate the sale of the home.
Per Fox News:
“I was awarded full ownership of marital property . . . and all I inherited was a house with millions of dollars’ worth of debt,” Gotti told The Post yesterday. “This should finally put to rest all the government lies and rumors that I have $200 million buried in my back yard.”
Well, when things are garnered by ill gotten gain, you can’t expect to keep them. Seems blood money, lies and deceit purchased this home. I’ve always hoped this family would get a fraction of what was coming to them, and now they have. Thats Karma for ya!
