Libbie Mugrabi to Relocate to Florida After Losing Hamptons Mansion
Mugrabi aims to find a wealthy new spouse in South Florida after her Hamptons estate was sold at auction.
Libbie Mugrabi plans to move from her Hamptons mansion to South Florida by October 1, stating her intention to find a wealthy new husband. The move comes after the Bridgehampton property she lost at auction last month is nearing a sale completion.
Mugrabi, who had previously indicated she might remain in the mansion, said she does not want to be forcibly removed as the sale deadline approaches. The departure marks the end of a two-year period that saw her lose the nearly 11,000-square-foot estate and its 6.8 acres.
The mansion was part of Mugrabi's 2020 divorce settlement from art patron David Mugrabi, whose family is known for its extensive Andy Warhol collection. The loss of the property stems from Mugrabi's failure to repay a $3.5 million loan taken out against the home, leading her lender to pursue legal action to recover the funds.
Mugrabi said her future priorities include deepening her involvement in the art world and seeking a partner. "interviewing (prospective) husbands who will take care of me," she told The Post, specifying a preference for an "older billionaire."
She also plans to arrange for the shipping of vehicles she received in her divorce settlement, including a Ferrari and a Porsche.
The property was sold at a court-ordered auction in August for $5.86 million to Henry Ikezi, a politician and real estate investor. As of Friday morning, Suffolk County Clerk records indicated the owner was still the lending company, an affiliate of REO Assets of America, suggesting the transaction may not be fully finalized.
Ikezi reportedly provided evidence, including photos of packed bags and legal documents, to The Post as proof of Mugrabi's packing, though these claims could not be immediately verified.
Ikezi, who ran for Queens Borough President and holds significant shares in Solidion Technology, had a 30 or 45-day window from the auction date to complete the purchase.
Despite the circumstances, Mugrabi expressed that the home holds many good memories, including raising her two children there.