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I, too, thought she owned it but now I wonder if she got a mortgage for it. Shouldn’t she still be able to sell it for some profit since she fixed it up a little? A 25k bad business investment plus some lawyer fees shouldn’t be enough to bankrupt her.

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Erin Heatherton Sells Stylish West Village Condo After Lawsuit

 

The former Victoria's Secret model has been trying to sell the apartment since 2016.

 

By Kathryn Hopkins on May 4, 2018

 

Another week, another Victoria’s Secret model is on the move in New York City. This time, it’s Erin Heatherton, who has sold her Manhattan pad for $2.68 million.

 

The two-bedroom apartment is in 1 Morton Square, a condominium in the heart of the West Village, which can also count Mary-Kate and Ashley Olsen as past residents.

 

After paying $1.7 million for it in 2012, Heatherton, who has modeled for the likes of Chanel and Sports Illustrated as well as a five-year stint with Victoria’s Secret, fully renovated the apartment to include a sauna, a custom Japanese soaking tub, a steam shower and a new kitchen.

 

However, all her work didn’t make it an easy sell, as she had been trying to sell it since the end of 2016, originally listing it for $2.85 million. She also tried offering it as a rental at one point, asking $15,000 a month.

 

It’s not known why she decided to sell, but her time at the apartment has not been stress-free as she was sued by her neighbors in 2016 for “unreasonable levels of noise” late at night and into the early morning hours.

 

It’s been a busy time for Victoria’s Secret models, past and present, in New York’s real estate market. Candice Swanepoel is selling her East Village penthouse in the Village Green condominium up for sale for $1.89 million, while Portuguese model Sara Sampaio just dropped $3.5 million on a brand new condo at Steiner East Village.

 

Brazilian model and Victoria’s Secret veteran Adriana Lima was also for a long time attempting to off-load her Midtown condo, although that has been recently withdrawn from the market.

 

The listing broker for Heatherton’s apartment was Frances Katzen of Douglas Elliman Real Estate. A rep for Heatherton declined to comment.

 

 

https://wwd.com/eye/celebrity-real-estate/erin-heatherton-sells-west-village-condo-after-lawsuit-1202664530/

 

Whew, chile. How much money was she putting into her business venture?? And how much did the renovations cost?

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20 hours ago, jkjk said:

Random thought I had today:

 

I imagine one of the worst things about being falsely accused of abuse is that the accusations will always receive significant attention but there is little (or no) attention paid once the accusations are shown to be false.

And usually without an apology to the accused. Not even a whoops, we messed up.

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Celebrities have millions of people knowing their personal lives, with people worshipping them, hating them or discussing/debating every detail of their lives (including the size of their stool sometimes). No wonder a lot of them do drugs and become crazy :idk:

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22 hours ago, Sanni said:

 

https://wwd.com/eye/celebrity-real-estate/erin-heatherton-sells-west-village-condo-after-lawsuit-1202664530/

 

Whew, chile. How much money was she putting into her business venture?? And how much did the renovations cost?

 

She must have burned through her money. Even the lower end VS angels still make like 4 million a year if you add up all their contracts and income. She was an Angel for three years so she must have had a good nest egg at the end of her modeling career.

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Expensive coke habit? :O_O:

 

Sold at $2.68M

 

Bought at $1.7M

 

Profit before taxes, broker fees etc. 980k

 

How can she be so in the red that even after selling her home, she plans to file for bankruptcy and can’t pay her ca. 1.5k lawyer fee? Even after estimating renovation costs, whatever the amount she put into attempting to start a business and the cost of getting sued on two occasions, it shouldn’t be enough to eat away all of the profit of the sale.

 

She must have racked up a lot of debt maintaining a fancy NYC lifestyle while generating little new income. It still feels that she should have been able to invest her modelling money and reap passive income from it.

 

If asking for $15,000 a month for renting her apartment is anything to go by, her monthly expenses must have been huge. You can rent a luxury mansion for that amount, so the super-rich had no incentive to take her up on her offer.

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8 minutes ago, Cult Icon said:

Erin Heatherton comes across as being a troubled woman

 

I feel bad, but only because she's the most beautiful troubled woman in the world

 

She was so awesome as the hot assertive female coach in The League.

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7 hours ago, Stromboli1 said:

How does Leo get away from feminist attacks, he's the type of guy they loathe? :idk: 

 

Was he their childhood crush so he gets pass? :idk:

 

What do you mean, feminist attacks? As far as I know, he has never sexually assaulted a woman?

 

The only thing going against him is his serial womanizing, but since none of his exes have really said anything truly bad about him, it's not a factor either.

 

What you do get from women and men alike is jokes about the increasingly large age difference between him and his girlfriends.

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2 hours ago, SympathysSilhouette said:

 

What do you mean, feminist attacks? As far as I know, he has never sexually assaulted a woman?

 

It's interesting that he is at the extremes (he probably has had sex with over 100 different women) but no women has developed a grudge against him to accuse him of anything.  It implies that he's so charming that he doesn't piss anyone off.

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9 hours ago, Stromboli1 said:

How does Leo get away from feminist attacks, he's the type of guy they loathe? :idk: 

 

Was he their childhood crush so he gets pass? :idk:

 

original.gif

 

Leo's sperm is high enough quality like some homeless people and criminals:

 

1z63wcj.jpgmeeks-388113.jpg

 

plus he helps save the ozone layer and thousands of black skeletons!!!:rofl:

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