Annie Leibovitz just might have enough real estate to cover her debt to Art Capital Group, according to real estate brokers. But, you'd have to believe a broker, which is always tough to do in Manhattan.
The celebrity photographer is in the hole $24 million to art financier Art Capital Group. The loan is collateralized with Leibovitz's real estate holdings and the rights to her photography. A report by Bloomberg suggests that her New York property could be worth $40 million, in which case, the appreciation she's seen on these homes could end her troubles with creditors.