October 22, 2025


Crisis for Marchesa Founder: Georgina Chapman Faces Foreclosure on $2.5 Million West Village Condo

A massive legal and financial storm is swirling around Georgina Chapman, the co-founder of luxury fashion label Marchesa and ex-wife of disgraced mogul Harvey Weinstein. Just weeks after walking the red carpet with her partner, Oscar-winner Adrien Brody, Chapman's life has taken a dramatic turn. Her coveted two-bedroom apartment at 99 Jane Street in Manhattan's exclusive West Village is now the target of a full-blown foreclosure lawsuit.

According to explosive new court documents, the designer has received a chilling warning: "You are in danger of losing your home." This is not a story about an everyday homeowner; it’s a high-stakes legal battle that exposes the lasting financial toll of the Harvey Weinstein scandal and the brutal reality of New York's tough real estate market.

The $2.5 Million Debt Deadline and Default Drama

In an incredible twist, the British designer originally paid cash for the West Village property in 2009, shelling out approximately $1.7 million. However, financial pressures led Chapman and her brother, Edward Chapman (who is also the CEO of Marchesa), to re-mortgage the apartment twice.

The current crisis stems from a hefty $2.5 million loan secured through CrossCountry Mortgage, LLC in January 2022. The terms required monthly payments of $9,114.58 until 2052. Legal filings confirm the siblings defaulted on the mortgage in November 2024. They are accused of failing to make payments for principal, interest, insurance, and property taxes. Now, the complaint filed in New York Supreme Court demands the full, immediate payment of the entire loan balance, plus accumulated interest, late fees, and legal costs.

The foreclosure notice, dated October 15, 2025, sets the stage for a forced sale of the property unless the debt is cured.

The Unseen Financial Aftershocks

The mortgage mess is only one part of Chapman’s growing financial headache. Her prestigious West Village address—known for its landscaped garden and high-end amenities—has also generated other significant debts:

Unpaid Condo Dues: The 99 Jane Street Condominium Board has filed a separate lawsuit against Chapman and her brother for $7,898.67 in unpaid common charges and dues. Office Back Rent: In what points to wider business struggles, GFP Real Estate has reportedly sued the pair for a massive $1.4 million in back rent related to an office lease at 80 Eighth Avenue. This trifecta of lawsuits suggests deep and ongoing financial pressure on the Marchesa co-founder, years after her public separation from Weinstein.

Marchesa’s Lingering Stain: Reputational Damage Becomes Financial Ruin

Once a favorite on the A-list red carpet, the Marchesa brand's reputation was catastrophically damaged by the 2017 Weinstein scandal. While Chapman received a significant divorce settlement, estimated between $15 million and $20 million when her divorce was finalized in 2021, the fallout on her business appears to be a factor in her current predicament. The brand's retail sales plummeted, and the company has continued to face public scrutiny and, critically, Better Business Bureau complaints alleging unreturned customer refunds and poor service. One reviewer wrote: "I returned a dress in December and still haven’t received a refund despite dozens of calls and emails."

The financial struggle facing Chapman now casts a stark spotlight on how challenging it is for the brand to fully escape the shadow of its past, potentially linking a designer's personal reputation to her ability to keep her luxury home.

The Legal Lifeline: What the Foreclosure Law Says

In New York, foreclosure is a judicial process, meaning the lender (CrossCountry Mortgage) must win a court battle before selling the property. This fact is key for Chapman, as it gives her legal team a major opportunity to fight back