{"id":375899,"date":"2026-10-17T23:02:09","date_gmt":"2026-10-17T23:02:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/375899\/"},"modified":"2026-10-17T23:02:09","modified_gmt":"2026-10-17T23:02:09","slug":"nyc-socialite-libbie-mugrabis-former-landlords-demand-she-sell-basquiat-painting-worth-millions-to-pay-off-debt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/375899\/","title":{"rendered":"NYC socialite Libbie Mugrabi’s former landlords demand she sell Basquiat painting worth millions to pay off debt"},"content":{"rendered":"

The owners of a posh New York City pad are demanding embattled art world socialite<\/a> Libbie Mugrabi hawk her multimillion-dollar Jean-Michel Basquiat painting to cough up the massive pile of back rent she owes.<\/p>\n

The landlords of The Park Mansion, a stunning Beaux-Arts building at 320 E 82nd St. in Yorkville claim that Mugrabi \u2014 the ex-wife of billionaire art dealer David Mugrabi \u2014 owes them $2.3 million in unpaid rent that she was first ordered to fork over in 2023. <\/a><\/p>\n

Libbie Mugrabi lived in<\/a> the luxurious $28,000-per-month condo for less than a year between 2019 and 2020. While her lease expired in November 2020, she stopped paying rent that April, according to court papers filed in Manhattan Supreme Court. <\/p>\n

Libbie Mugrabi owns the coveted painting worth millions. Tamara Beckwith\/NY Post<\/p>\n

She was first court-ordered to pay $1.8 million in 2023, but her landlords sued her again in June to pay them with 9% interest.<\/p>\n

Now, they are nudging her once again to pay up \u2014 this time by trying to force her to sell her Untitled 1982 Basquiat. <\/p>\n

Libbie Mugrabi lived at 320 East 82nd Street for less than a year. G.N.Miller\/NYPost<\/p>\n

The coveted artwork is being held at Phillips Auction House, who is named a petition respondent along with Mugrabi and her company, Moo Moo Enterprises, according to court papers. <\/p>\n

The painting is believed to be valued between $4 million and $6 million, according the petition filed in New York Supreme Court on Oct. 9. But a previous complaint Mugrabi filed against Philips Auction House about the artwork in June values it at a whopping $30 million.<\/p>\n

Phillips was originally scheduled to auction off the painting in October 2024, but it was withdrawn from a sale amid a separate, ongoing legal battle, in which art-lending investment company Empire Chesapeake Holdings claims Mugrabi took out a lien on the painting.<\/p>\n

Phillip\u2019s is holding the painting, according to court papers. Brett Beyer<\/p>\n

The owners of the East 82nd Street condo are also asking in the petition for a temporary restraining order to prevent the piece from being sold until a decision is made.<\/p>\n

Mugrabi, who was ordered in September to auction off her $25 million Hamptons mansion where she lived with her now ex-husband and said she was moving to Florida <\/a>this month, did not return a request for comment.<\/p>\n

Attorneys for Moo Moo Enterprises and the owners of the apartment, and Phillips Auction House also did not return requests for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"The owners of a posh New York City pad are demanding embattled art world socialite Libbie Mugrabi hawk…\n","protected":false},"author":2,"featured_media":375900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1149,57,9,24,55,54,56,63,8092,58],"class_list":["post-375899","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-art","tag-metro","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-ny","tag-nyc","tag-socialites","tag-us-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/375899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=375899"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/375899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/375900"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=375899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=375899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=375899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}