Luxist

The NY Post revealed that 1980s rapper Doug E. Fresh is facing not one but three three foreclosure actions possible foreclosures from banks looking for more than $3.5 million in unpaid mortgages on three of his Harlem homes. He also owes American Express nearly $60,000 in credit-card debt and is facing a tax lien of $367,000 from the IRS and more than $40,000 from the state of New York tax collector. He grew up in Harlem and invested in local real estate but according to a foreclosure suit filed in Manhattan in late August, 2008, he now owes more than $1.73 million. Meanwhile he is planning to open a restaurant in Harlem, Doug E's Chicken and Waffles in 2009. 20/02/09