Michael Fuchs in Danger of Foreclosure in Southampton

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RFR’s Michael Fuchs is in danger of losing yet another home as the financial fallout of his high-profile divorce drags on.

City National Bank filed a foreclosure lawsuit against him and his limited liability company that owns 797 Meadow Lane in Southampton, Newsday reported. Fuchs is listed as the borrower on loan documents tied to the property on the famed Hamptons street.

The developer landed a $4 million adjustable-rate mortgage when he purchased the property in 2014 for $6 million. As of a week and a half ago, Fuchs owed $3.7 million, according to the bank.

Fuchs has been looking to sell the property for months. In March, he listed the property alongside a larger 4,700-square-foot estate for $44 million. The larger property at 809 Meadow Lane ultimately sold in the summer for $26 million, but not 797 Meadow Lane.

After that sale, HSBC, which provided a $20 million loan to help pay for his multimillion-dollar divorce settlement, alleged Fuchs failed to pay off the loan when it came due in December. 

The London-based bank filed a motion for a summary judgment against Fuchs and a limited liability company tied to the estate, which guaranteed the loan. It is demanding just over $20 million in unpaid principal plus interest, according to the filing in state Supreme Court.

Last month, meanwhile, the smaller 700-square-foot cottage on Shinnecock Bay reappeared on the market with an $8.5 million ask.

Fuchs and Alvina Collardeau divorced in 2020 after eight years of marriage, putting homes in the Hamptons, Manhattan, Paris, Miami, Cap d’Antibes on the French Riviera, Capri and London into play. 

Two years later, a British High Court judge granted Collardeau a $44 million judgment. Another judge ordered the sale of the cottage last month after Collardeau alleged Fuchs was missing mandated payments.

In the spring, Citibank — which provided a $3.26 million mortgage to Fuchs for a prewar condo at 302 West 12th Street in the West Village — filed a foreclosure suit after the RFR co-founder stopped making monthly payments in May 2024, according to the complaint filed in New York State Supreme Court. 

The lender is calling for the sale of the 1,000-square-foot pad, which Fuchs bought from comedian Seth Meyers in 2018.

— Holden Walter-Warner

Read more

RFR’s Michael Fuchs Faces Foreclosure on West Village Condo

RFR’s Michael Fuchs faces foreclosure on West Village condo

Bank demands $20M from Michael Fuchs after he unloaded “Billionaire Lane” estate

RFR’s Michael Fuchs lists Southampton home for $44M



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