Bill Cosby, the 87-year-old disgraced actor/comedian and resident of Elkins Park, has defaulted on his mortgage for a 5,000-square-foot Manhattan townhouse, The Philadelphia Inquirer reported.

According to the story, Cosby bought the house at 241 E 61st Street with his wife in 1980. They took out a $4.2 million mortgage on the property in 2010.

CitiMortgage filed the foreclosure lawsuit earlier this week in the New York County Supreme Court. Citibank said that the couple owes $3.68 million of the mortgage’s principle plus interest, The Inquirer said.

Cosby owns a larger house 10 blocks away from the foreclosed property. He has taken more than $17 million worth of loans against that property since 2010, The Inquirer said.

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