Archive for the ‘Net Worth of the Gorga’s’ Category

Joe Gorga Sold His Parents’ Home Out from Under Them; Melissa Gorga Had an Affair with Ex Boyfriend Bryan ‘Bulldog’ Bowen

January 27, 2013 250 comments

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The Sleeping ‘Bulldog’ Has Been Awakened

Melissa Gorga’s ex Bryan, AKA “Bulldog”, never asked to be involved in this but, as evidenced by his recent tweets, he has made it very clear that he stands for the truth. Here are some of Bryan’s (@bulldog_nj) tweets:

“So I get the phone call today that she says she’s not worried about me making it on the show because my tumor is back and I will be dead.”

“They’re hoping I will just go away ‘NOW’ or like she said, Die from my tumor. We’ll I’m not and I am ALIVE TODAY! Never wake a sleeping Giant!”

“I am back and fourth in NYU great hospital and I have one of the best surgeons in the world. God is in my life, I’ll be just fine :)

“Didn’t kill me the 1st time, it’s not gonna kill me this time. I am blessed. I was 24 hours away from being paralyzed & blind.”

“The ink on my body explains my story Demons of the past & The Angels of Today that r in my Life! It doesn’t come off & it doesn’t change.”

“Just so this clear, I’m not trying to make anyone believe anything. I just speak the truth! It’s how I roll. ;)

“Believe in yourself, that’s all that matters.”

“I don’t have to look in her mirror or live with her. She has to do that all by herself. I know the TRUTH & so does she.”

“I am in to good of a place in Life, they can say whatever they want about me far far away.”

“She can’t make me look bad cause I have made mistakes in life and I own up to them. I am not perfect, who is!?I can look myself in the mirror.”

[She won't meet you on a show. She will "leak" bs] She won’t cause I can say too much. I’m the one who has all the answers to everyone’s questions, the TRUTH.”

“I have to say I have chewed tougher steaks then anyone that has every been on the show rhwnj #justsaying. If the time comes I will keep it real, that is a promise. Some things are right some are wrong.”

“I don’t have to proof anything to anyone, but if this keeps up, the best is yet to come & I haven’t even gotten started…always be yourself.”

“Man I always believed in karma but NOW I REALLY BELIEVE!! LOL, ya did it to yourself.”

“Gods puts people in your life for a reason, and removes them for a better reason. ;) thank god!”

“Right now there thinking how dare he lol, but it’s ok when you do the dirty work to others right!? lol no one knows better than I do.. “

“It’s ok, she’s so desperate to keep her fake image & fake fame, that’s the level she is going to. I’m all good! Xo.”

“I get it, your sisters have your back. I have a sister 2 & we would die for each other, but when 1 of us is wrong, we don’t cosign each others BS.”

“Maybe if u go on realty TV you should not act as if this were a movie and hurt people doing it.”

“I guess it’s coming out after a year of dealing with this BS that I tried so hard to avoid. I turned people away & changed my number 3 times.”

“Follow the arrows it will all ad up! I have nothing to gain or lose… Didn’t even wanna be involved in this.”

“The Fighter in me will always Be! Never will go away… Guess you took my kindness for weakness. #selfmade”

“Well considering they claim I’m broke, lets do it lol. They said I wanna ride her coattails, ok, u rode mine long enough.”

“I might have to appear just cause I know now that it’s killing them.”

“That pic u have of her and the dog ‘gucci’ saddens me. She gave him up when she moved in with Joe. She loved him but $ more.”

“I remember the Friday nite u said 2 me, stop seeing other girls or I will marry that millionaire. 3 months Lata you were married Lol.”

“I bought her that cross, it was kind of like giving an exorcism. Lol I tried to help her.”

“What’s funny is she would always tell me her brother in law is a lot like me ‘juicy’ then when I saw him on TV I saw why. He don’t put on act.”

No bro, you broke up with her 10, I mean 7, shit 5 yrs ago. BAHAHAHAHA lmao: “I just got that haha”

“Her definition of Jesus is $, that’s why she always says, Thank u Jesus. sad”

“Funny how all the plotting yas do is behind closed doors and very quietly public now. Hmmm funny… Still 10 steps ahead.”

“Let me set something straight I don’t Hate anyone, it’s not in my heart TODAY! Like I said if confronted I will just tell the TRUTH! ;)

“So I hear the new attack on me will be that I am ‘mentally disabled’ cause of my surgery, if I speak lol, that I don’t know what I’m saying.”

“Addiction is also not something to attack people on. So sad! For the record, I live a sober life Today by my own choice!”

“Melissa was this bear in front of your house lol.”

“Man talk about the possibility of the “perfect storm” coming… Hmmm I just found some interesting pictures with dates on them.. Hmmm”

“Really!? really!? lol Keep talking… I will keep exposing ya 3 hamsters.”

“Now you r doctors too, right!? Teacher, singer, stripped, actress… C’mon, give it a rest already & define ‘cokehead’, people suffer from addiction”

“Remember I never said she was a stripper or not a stripper, I do know but I have not stated yet. Facts :)

Note: Fame-Whorgas sometimes adds spaces and punctuation and corrects typos in tweets to make them easier to read.

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Joe Gorga Sold His Parents’ Home Out from Under Them

In February 2001, while using his parents’ home at 281 Maitland Ave. in Paterson, NJ, as his primary address (he may have been still living at home), 27-year old Joe Gorga bought a lot in Franklin Lakes for $345,000 with the intention of one day building a custom home on it (probably to flip for profit).

Fifteen months later, on May 15, 2002, Joe bought a home to use as his primary residence at 259 Black Oak Ridge Road in Wayne, NJ, for $510,000 (instrument #2002056041*) — he took out a $408,000 mortgage on the home in his name only with NJ Lenders Corp. (instrument #2002056042*), which means his down payment was $102,000.

Almost a year later, in March 2003, Joe first met Melissa Marco during Spring Break in Cancun (she was 24; he was 29) — they hung out and partied as a group, but she wasn’t interested in him because he was too short and not her type. Upon returning home to New Jersey, Joe pursued her and visited her while she worked at Lookers Gentlemen’s Club, but she didn’t want anything to do with him.

Determined to win over Melissa by impressing her with wealth, Joe decided to build a 5,576 SF custom home on the Franklin Lakes lot he purchased more than two years earlier, in early 2001.

Joe needed his parents help, so three months after Joe first met Melissa, on June 19, 2003, his parents sold their home in Paterson, NJ, for $256,000 (instrument #2003079517*) and moved into Joe’s home at 259 Black Oak Ridge Road — this is the home Joe Gorga talked about in season 4 episode 10, the one he later sold out from under them.

During season 4, Joe Gorga said that he owned the house that his parents lived in, but then sold it, and now is paying their rent while he looks for a little ranch house for them. In the episode where Joe and Teresa go to therapy together, Joe talks about an article saying that he took money from their mom, and that Teresa and Juicy are building a house — or garage apartment — for them. In the stairwell of the therapist’s building, we hear audio of Joe telling Teresa that the tabloid sh*t has to stop, and her claiming that she didn’t put anything out there, and him yelling at her not to lie. And then Joe yells, “You guys want to move ‘em into that f*cking shack that you built. He don’t want to move there!” And then Teresa says that Joe should buy their parents a house, and what’s the big deal since he’s doing so well. If she had the money, she says, she would f*cking give it to them. And then Joe calls her out on her expensive purse before yelling that she doesn’t f*cking get it. [Source]

Black Oak Ridge Rd

Joe completed construction on the Franklin Lakes home at 149 Pulis Avenue in 2003; impressed by the home, Melissa began dating Joe in October of that year. This is the home Melissa was referring to when Teresa claims she said:

“I wasn’t stupid like my sisters; of course when I saw his house I was going to jump on that shit.”

In December 2003, a couple months after they started dating, Melissa moved into Joe’s Franklin Lakes home.

“That pic u have of her and the dog ‘gucci’ saddens me. She gave him up when she moved in with Joe. She loved him but $ more.” – Melissa’s ex boyfriend, Bryan, January 25, 2013, Twitter (@bulldog_nj)

Eight months later, in August 2004, Melissa married Joe.

“I remember the Friday nite u said 2 me, stop seeing other girls or I will marry that millionaire. 3 months Lata you were married Lol.”Melissa’s ex boyfriend, Bryan, January 25, 2013, Twitter (@bulldog_nj)

“What’s funny is she would always tell me her brother in law is a lot like me ‘juicy’ then when I saw him on TV I saw why. He don’t put on act.”Melissa’s ex boyfriend, Bryan, January 24, 2013, Twitter (@bulldog_nj)

Less than a year later, on May 5, 2005, with the value of his homes in Franklin Lakes and Wayne skyrocketing because of the real estate bubble, Joe and Melissa purchased a ‘shore house’ in Toms River, NJ, for $450,000.

A little more than a year later, on August 7, 2006, at the peak of the real estate bubble, Joe sold their Franklin Lakes home for $2.45 million, making a significant profit ($1 million+).

On October 11, 2007, they purchased a very modest home at 491 Summer Street in Paterson, NJ for $170,000. It is unclear if they lived there or rented a home somewhere else, content to have money in the bank. Melissa said that she and Joe rented a home while he was building the mansion in Montville — the mortgage document for their construction loan listed their address as 35 Gravel Hill Road, Kinnelon, NJ.

Everything changed in 2007 when Teresa was cast on RHONJ. For 11 months before filming began in 2008, Teresa mulled over the decision to join the cast or not (as explained by Andy Cohen on the June 17, 2012, episode of WWHL — she kept dropping in and out). During this time, unlike Teresa, Melissa and Joe were very anxious to join the show. She and Joe began looking for an estate lot to buy near Teresa so they could be close to her and hopefully be taped along with her, living an upper-class lifestyle.

Joe Gorga is Not a Real Estate Developer – He’s a Landscaper Who Also Installs Pools and Does Stucco Work

January 2, 2013 128 comments

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“He [Joe Gorga] is one of the best developers in New Jersey… Joe surprised me with the plans for this 15,000 SF home for Christmas. I was beside myself. I was crying. It was like this amazing thing. But my sister-in-law never said my house was beautiful. It’s like, eh, crickets… as Joe and I built his business together, their [his and Teresa's] relationship started to diminish and my relationship with Teresa started to get competitive. ” – Melissa Gorga, Season 3 Episode 1

A blind gossip item from December 13, 2012, says a reality TV star is faking wealth and success. Here is the story:

Hot Scandals Brewing For Fake Housewife

I know, I know, this could describe almost every single one of the reality TV stars of late, right?! Being rich seems to be the exception and not the rule.

This little blind item tidbit has to do with a more up and coming Housewife/reality TV star and that’s all we can say about that.

The alleged dirt:

“Mrs. X has several kids from (possibly) two different baby daddies and there may be another on the way. Her husband, who has been touted as a “very wealthy man” doesn’t quite live up to that title (when do they ever?!). His profession is not what it has been presented as. He is actually a general laborer of sorts. Considering that the application process for many reality shows include a full and lengthy questionnaire on financial details, it’s safe to assume they may have fudged the numbers a bit – or a lot. They borrow luxury brand items to make it seem like they have the best of the best – including clothing. The show may have a hot scandal on its hands since he reportedly has wandering hands and she and the kids spend a lot of time at a friend’s house because of it.”

It sounds like it is Joe and Melissa Gorga.

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Joe is not a real estate developer like he claims on the show (at least not anymore). Here is what he does, according to his website:

Joe Gorga Construction as Seen on The Real Housewives of New Jersey

Welcome to the Joe Gorga Construction website! Located in New Jersey, we provide complete solutions for our customers. We are experts in helping homeowners transform their backyard visions into a reality. Whether you are looking to install a beautiful in-ground pool (we are members of the Northeast Pool & Spa Association) or create a unique outdoor living space, we have you covered. For all customers, large or small, and no matter what your budget, we can help revolutionize your property and outdoor living area! We understand that every backyard is different and we take pride in working closely with our customers in order to develop a tailored plan to suit their needs. Our team will ensure that every single detail, along with your specific preferences, are incorporated into the transformation plan and process. Being in business for over 17 years, rest assured that we know and understand how important our customers are!

Call Now for an estimate or more information!

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Thank you for taking an interest in our company. We look forward to serving you in the future. Here are just some of the services we provide:

Custom Pools & Installation Outdoor Kitchens Seeding
Custom Spas & Installation Fireplaces Mulch
Ponds Fire Pits Landscaping Lighting
Waterfalls Retaining Walls Sprinkler Systems
Hardscape Features Custom Landscaping Projects All Types of Stucco
Masonry Work Landscape Design All Types of Tree Work
Stone Work Grading Tree Removal
Custom Patios Draining And Much More!

Gorga Enterprises LLC was the name of his previous business. He also bought investment property under Courtland Street LLC.

Joe Gorga must be taking tips from Chris Laurita on how to spread your money around to different business accounts so it’s harder to track when you use company funds for personal expenses. Here is an excerpt from the lawsuit filed against Chris and his brother Joseph explaining how the Lauritas embezzled funds from their company Signature Apparel:

Chris Laurita and his brother Joseph directed Signature’s vendors, including certain of the petitioning creditors, to make payments to certain of the Laurita’s other companies of funds that were rightfully owed to Signature Apparel LLC. They also directed Signature to pay the personal expenses of, and make outright payments to, the other Laurita family members (Jacqueline and other family members accepted funds they knew belonged to Signature and for which they each knew they had performed no services and/or provided no value). Instead of being used to sustain and develop Signature’s business, pay Signature’s vendors and creditors, Signature’s assets were misused to make outright and unjustified payments to Laurita family members, and to fund the operations of the Laurita brothers’ other companies and business ventures.

After Signature’s bankruptcy, Chris and Joseph conveyed the Licenses away from Signature while retaining for themselves a percentage of gross fees from the licenses, further damaging Signature and effectively rendering the Company an empty shell with no means to pay its creditors [coordinating the transfer of the Rocawear License and the Artful Dodger Licenses to a third-party, as a new license, while retaining for themselves, rather than Signature, a percentage of the gross fees from the Licenses]. That transfer provided Chris and Joseph with continuing income from the Rocawear and Artful Dodger Licenses, while reducing Signature to an empty shell with little or no means to pay its debts or continue its business.

The other Laurita companies at the time included Pyramid Trading, Inc., Pyramid Trading Corp., Retail Solutions, Four Brothers Retail and Cool Five LLC (collectively referred to as the “Laurita Pyramid Companies” ). From the lawsuit:

Chris and Joseph failed to respect the separate legal existence of Signature Apparel LLC and the other Laurita companies and treated the assets of those companies as if those assets were Chris and Joseph’s own personal assets.

Chris and Joseph, in concert with one another, have wrongfully siphoned corporate funds from Signature which resulted in Signature becoming grossly undercapitalized to the point of financial extinction, while amassing personal assets for themselves and their family members. To this day, Chris and Joseph, while claiming the financial crises of Signature, still drive luxurious vehicles, own buildings and residences, and have assets which may be worth millions of dollars. Signature was so controlled and dominated by Chris and Joseph, and its separate legal existence so ignored, that Signature primarily transacted the personal business of Chris and Joseph, and is therefore a mere instrumentality and the alter ego of Chris and Joseph.

With their new venture blk., the Laurita’s already have more than one company name associated with it:

Blk Brands LLC
blk.beverages, LLC

What is it called when you steal money from a company? Answer: it is called fraud, theft or embezzlement, take your pick, these crimes are all felonies.

Hat Tip: Thank you long-time FW reader Sackem for the tip!


Gorgas Extract $500,000 in Equity in a Cash-out Refinance of Their Overpriced Home for Sale

October 24, 2012 155 comments

Comments posted in a New York Post article published online in May 2011 about the Gorga’s not paying their bills:

“Hey Joe, you are the biggest a$$, pay us the money you owe us for installing your elevator!” – Stephen Ferrara, Asst. Sales Manager at Standard Elevator, July 18, 2011

“nice house I helped you build Pay me the money you owe me bigshot.” – Scott Roberts, student at University of South Carolina, June 27, 2011

On February 2, 2007, Joe Gorga purchased the lot at 8 Pond View Ct., Montville, NJ for $950,000 cash (which was profit from the 2006 sale of the first home Joe built — 149 Pulis Avenue, Franklin Lakes, NJ), and the deed was in his name only.

When he took out a construction loan on November 16, 2007, to build the mansion on the lot, he transferred the deed into both his and Melissa’s names (the interest rate on the loan was 9% and the loan was obtained by putting two properties up as collateral — 11 Mermaid Rd, Toms River and 489 Summer St. Paterson, NJ). This construction loan agreement on November 16, 2007 was for $2.25 million.

They modified the mortgage loan agreement beginning on July 1, 2009 (the mortgage note modification agreement lists their address as 35 Gravel Hill Road, Kinnelon NJ), converting the loan to a three year term period with 6.25% rate and monthly payment of $14, 842.56 until July 1, 2012, when the entire amount of this loan would have become due and payable (balloon payment).

They modified their mortgage for the second time on March 24, 2011 (principal now $2,185,199 with a 5% interest rate and a monthly payment of $11,829 until April 1, 2041) — the modification was necessary since the first modification would have expired on July 1, 2012, and the balloon payment would have been due had they not modified the loan.

On October 11, 2012, the Gorgas refinanced their mortgage for $500,000 more than they owed to extract equity from their home, most likely to pay down debt or make additional purchases — in other words, they received $500,000 cash back (less closing costs) at the close of the new loan by borrowing $2.68 million (the new loan amount) versus $2.18 million (the principal balance on the old loan).

On the cash-out refinance, the initial rate of 4.125% will change to an adjustable rate on November 1, 2019, and the adjustable rate may change on that day every 12th month thereafter. Before each change date, the new rate will be calculated by adding 4% to the current index. The rate at the first change will not be greater than 9.125% or less than 4%. Thereafter, adjustable interest rate will never be increased or decreased on any single change date by more than 2% from the rate of interest being paid for the proceeding 12 months. Interest rate will never be greater than 10.125%.

The amount they borrowed in their cash-out refinance on October 11, 2012, would have been limited to 90% of the home’s value, which means that if the Gorga’s borrowed the maximum amount allowed, their home is valued at approximately $3 million, yet they have it on the market for $3.8 million, which is why is hasn’t sold — it’s overpriced.

“Why don’t you pay your bills… you have to borrow money every week from people.” – Joe Gorga to Joe Gorga during part 3 of the season 4 reunion special

Are the Gorga’s broke, borrowing money from people every week just to pay their bills, like Joe Giudice said at the season 4 reunion? Someone asked Kim D on Twitter, “Do Joe and Melissa live close to Tre? Why are they selling their house?, to which Kim replied: “They’re broke.” Here are more tweets from Kim D about the Gorga’s finances:

“Joe and Melissa, you r broke. Don’t get it twisted. ahhh Joe Gorga wanted to shut me up as soon as I came out. He knows I know too much to mess with me. All the feuds stem from business. QUESTION OF THE NIGHT: what # is bigger, the # of cupcakes you’ve made, eaten, or the # of $$ Melissa Gorga owes to the Gov’t? Melissa Gorga ‘s PSE&G was turned off 4 3 days. Idiot. Melissa Gorga you’re poor, you’re a sleaze, your world goes around, so long as you’re on your knees. For the last time!!! Teresa Giudice had NO clue about what I was doing. PERIOD!” – Tweets from Kim D (‏@KimDPosche), during the premiere of part 3 of the reunion special

“Honey. U r as broke as they come. It seems like u have as much trouble shutting ur mouth as u do ur legs. Not in ur skillset. @melissagorga” – Kim D (@KimDPosche), September 29, 2012, Twitter

“Melissa Gorga’s checks bounce more than she does. Scary. That’s why she needs a store as in debt as she is to afford the stripper costumes.” – Kim D (@KimDPosche), September 29, 2012, Twitter

“Melissa Gorga, you’re poor, you’re a sleaze, your world goes around, so long as you’re on your knees.’ – Kim D (@KimDPosche), October 14, 2012, Twitter

Joe tweeted some photos (see below) of a home he has under construction and the ‘haunted house’ that he is converting into condos. Could the house he is building be Melissa’s new dream ‘spec’ home? Joe and Melissa told Us Weekly on May 22, 2012 and Reality Aired on May 12, 2012:

“I’m a builder. I custom-built the houses we have lived in and will do the same with our next one,” Joe tells Us Weekly exclusively. “We tried Montville, but it just wasn’t for us. We want to go back to Franklin Lakes, which is closer to where I work, and we’re looking at a couple of properties now.”

“Wait till you see the next house I build,” he tells Us.

“I absolutely love our current house and will be sad to leave, but Joe is an incredible builder, so I have no doubt that I’ll love the next house just as much. Although this is the last time he is getting me to pack-up!”, said Melissa.

“We gave Montville a try and want to move back to Franklin Lakes before the kids reach an age where they will all be in school. When we sell our house in Montville, we will move into a rental while Joe custom builds our next house. Joe is a builder and a businessman. He will sell pretty much any property for the right price and build again bigger and better.”

Joe Gorga’s purchases of investment properties since 2008 have been under the company name ’10 Courtland Street LLC.’ They are as follows (in season 4 episode 2, Joe pointed out the various buildings he owns on a city block, saying he put each under his children’s names — but that doesn’t appear to be the case):

May 16, 2008
Construction Loan Mortgage
$3.5 million

Granted to 10 Courtland Street LLC; Guiseppe Gorga

To undertake the development, construction, equipping and furnishing of construction of the renovation of a former storage building into a 58-unit residential building.

Property Address(es):
10-18 Courtland Street, Paterson, NJ
132-136 Barclay Street, Paterson, NJ

Instrument Type MORTGAGE
Instrument# 2008033271
Date Recorded 06/04/2008
Book/Page M9888/33
Block/Lot N/A/

July 1, 2009
Commercial Mortgage
$6 million

Granted to 10 Courtland Street LLC; Guiseppe Gorga

Property Address(es):
10-28 Courtland Street, Paterson, NJ
17-25 Camden Street, Paterson, NJ
27-33 Leslie Street, Paterson, NJ

Instrument Type MORTGAGE
Instrument# 2009038533
Date Recorded 07/20/2009
Book/Page M10511/209
Block/Lot N/A/

March 18, 2010
$3.71 million

Granted to 10 Courtland Street LLC; Guiseppe Gorga

Property Address(es):
10-28 Courtland Street, Paterson, NJ
17-25 Camden Street, Paterson, NJ
27-33 Leslie Street, Paterson, NJ
132-136 Barclay Street, Paterson, NJ

Instrument Type MORTGAGE
Instrument# 2010016202
Date Recorded 04/12/2010
Book/Page M10906/223
Block/Lot N/A/