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![kshaughnessy2 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::22259843.png) kristen shaughnessy [@kshaughnessy2](/creator/twitter/kshaughnessy2) on x 24.4K followers
Created: 2025-07-13 12:56:34 UTC

Superyacht Seized, Expected Lexington Avenue Foreclosure - 
Billionaire Feeling The Full Weight of The Commercial Real Estate Crisis 

"It’s been a rough stretch for billionaire developer Charles Cohen.

In the same week that an Italian court ordered the seizure of Cohen’s 220-foot superyacht Seasense, a New York judge cleared the way for foreclosure on one of his most prominent office properties, XXX Lexington Avenue.

Together, they paint a striking picture of a real estate mogul facing mounting pressure on all fronts — at sea and on land.
Fortress Investment Group has been pursuing Cohen for months after winning a $XXX million judgment tied to his personal guarantee on a half-billion-dollar loan default. Now, Fortress is going after his prized personal assets, including Seasense, which was detained in the port of Loana, Italy..." 

@trdny

![](https://pbs.twimg.com/media/GvvTsouXgAEI0D3.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944380432142766209/c:line.svg)

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[Post Link](https://x.com/kshaughnessy2/status/1944380432142766209)