Posts Tagged ‘Carmine Agnello mansion’


Victoria Gotti’s Mansion Under Foreclosure!

Tuesday, May 12th, 2009

Victoria Gotti’s palatial Long Island estate, which she and her sons flaunted in the reality show entitled “Growing Up Gotti,” is now under foreclosure.

Victoria Gotti is a writer, reality television participant and daughter of the late Gambino crime family Mafia boss, John Gotti. She got marrien in 1984 with Carmine Agnello to whom she had four children. The husband got convicted and was sentenced to 9 years for racketeering and arson. In 2003, the couple got divorced.

It was reported by the New York Post that the 46-year-old reality star owes $650,000 on the property to JPMorgan Chase. The debt was secured by a mortgage on the nearly $4.2 million mansion that she won in her divorce with her ex-husband. Since September 2006, she never made a mortgage payment.

“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 on Monday. “This should finally put to rest all the government lies and rumors that I have $200 million buried in my back yard,” she continued.

She has been dancing around foreclosure for a couple of years. In 2007, the Nassau County Supreme Court Justice Roy Mahon decided foreclosure proceedings were too early but now, the Brooklyn Appellate Division has granted the lender’s motion for summary judgment on the foreclosure.

As quoted by the NY Post, Ms. Gotti’s mother, also named Victoria, lays the blame at the feet of Victoria Gotti’s ex-husband Carmine Agnello who she says took out a mortgage in the amount of $850,000 behind her back. The listing pics reveal that Ms. Gotti hasn’t spent much money on repairs so I’m not sure how much money the bank will get for this home.

According to the blog The Real Estalker, Gotti and Agnello bought the home for just $175,000 in 1989.

It can be remembered that Gotti tried selling it for $4.8 million but she later lowered the selling price to $3.2 million in January.