Libbie Mugrabi has set October 1 as her move-out date from a Hamptons mansion she lost in an auction for $5.86 million due to unpaid debts. She plans to relocate to South Florida, where she intends to find a wealthy husband. This change of plan comes after previously indicating she would remain at the property despite losing it. Mugrabi, now in her mid-40s and known for her high-profile lifestyle, stated that her new focus will be on art and finding an "older billionaire" who understands her needs without controlling them, drawing a comparison to Princess Diana's perceived treatment by the royal family.
Written locally by qwen2.5:14b on 2026-09-26,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Libbie Mugrabi, known for her lavish lifestyle, has set October 1 as her move-out date from a Bridgehampton mansion she lost at auction in Southampton Town Hall. The property was sold for $5.86 million, significantly less than its estimated value, after Mugrabi failed to pay back a $3.5 million loan against the home. Initially refusing to leave despite the sale deadline approaching or having passed, Mugrabi now plans to relocate to South Florida, where she hopes to find a wealthy new partner and focus on her art collection. This move marks the end of a two-year legal battle over the estate in Suffolk County.
Written for “Mugrabi Leaving Mansion” on 2026-10-05,
grounded in this article and the 0 other(s) covering the same event.
Libbie Mugrabi is packing up her bags and planning to bag a very rich new spouse in the Sunshine State.
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Mugrabi → pack → State
Mugrabi has set Oct. 1 as the move-out date from the Hamptons residence she lost at auction last month.
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she → set → auction
She’s relocating to South Florida to look for a new, and very rich, husband, she told The Post.
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she → relocate → Post
Mugrabi’s comments, made from the mansion, are an about-face from last week, when she indicated she planned to stay put at the Bridgehampton property.
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she → make → property
But with the deadline for the sale to be completed nearing, if not already passed, Mugrabi said she doesn’t “want to be thrown out” — which she physically could be if she refuses to leave.
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she → complete → ?
The departure would end a two-year odyssey that took Mugrabi from ownership of a grand Bridgehampton estate to losing it at a riotous court-ordered auction on Southampton Town Hall’s steps for $5.86 million.
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that → end → million
The subsequent dispute over the dwelling stems from Mugrabi admittedly paying nothing on a $3.5 million loan she took out against the home.
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she → stem → home
Her lender had battled her in a Suffolk County court to receive the proceeds back.
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lender → battle → proceeds
Mugrabi said her priorities from here on out are getting more deeply into the art world and “interviewing (prospective) husbands who will take care of me.”
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who → say → me
She wants, “an older billionaire.
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She → want → billionaire
I’ve been going around with these young, hot models, but no more.
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I → go → models
The way Mugrabi sees it, “A woman my age shouldn’t not be married.”
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woman → see → it
Mugrabi, who is in her mid-40s, added her new spouse will have to understand, “I’m not going the way of Diana,” to whom Mugrabi has compared herself in terms of the princess’s claims the royal family tried to keep a tight rein on her by controlling how she dressed and generally presented herself.
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she → add → herself
Mugrabi said arrangements she is making include shipping the cars she got in her divorce settlement, said to include a Ferrari and a Porsche.
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she → say → Ferrari
The question remains whether the auction winner, area politician and real estate investor Henry Ikezi, has wrapped up his purchase of the home.
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winner → remain → home
Ikezi declined to comment on the status of his plans to pay the auction price.
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Ikezi → decline → price
Suffolk County Clerk records as of Friday morning showed the owner to be the company that made the loan to her, an affiliate of REO Assets of America, in Great Neck, N.Y.
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that → show → Neck
This could mean the transaction has not been completed or the new deed has not been processed through the system.
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deed → mean → system
Ikezi sent The Post photos of bags stuffed with clothing and sheaves of legal papers he said are evidence of Mugrabi packing.
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he → send → packing
They could not immediately be verified.
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They → verify → ?
Ikezi, who likes to refer to himself as Sir Henry Ike, has a worth of $24 million on paper as the biggest single shareholder of Solidion Technology, an early-stage advanced battery developer.
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who → like → Technology
Ikezi also had an unsuccessful run for Queens Borough President and invested in residential properties.
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Ikezi → have → properties
The countdown for Ikezi to complete the purchase began at the Aug. 28 auction and gave him 30 or 45 days, depending on how the sale is legally structured.
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sale → complete → days
Despite the drama surrounding the home’s sale, Mugrabi said there are some bright spots.
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Mugrabi → surround → sale
“There are still a lot of good memories here,” Mugrabi said, which includes raising her two children in the home.
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which → be → home
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