Marc Ecko's Empire Continues to Crumble

Marc Ecko's financial troubles are nothing new. Back in March, it was reported that the hip hop designer was looking to refinance more than $170 million in debt, but was having so trouble doing so that it was looking increasingly likely that his empire would have to be dismantled to pay back in creditors; a month later, his publicist confirmed that Ecko was looking to get out of the blingtastic office he's occupied for the last few years, a 280,000-square-foot space on West 23rd Street that comes with a half-size basketball court. It seems things haven't improved much since then. Ecko's office, which apparently costs him a stunning $9 million a year to lease, is now officially on the market. But Ecko's pain may be your gain. The listing on the website of commercial leasing firm FirstService Williams says the "price is negotiable." If you're looking for new office space and you think having an in-house basketball court would be perfect for some of those "team-building" exercises the people in human resources keep talking about, you'll find a few photos of the space after the jump.

Marc Ecko's Empire Continues to Crumble

Ecko puts his HQ on market [Crain's]