Current:Home > ScamsKevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -Edge Finance Strategies
Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
View
Date:2025-04-12 01:41:21
BALTIMORE (AP) — Kevin Spacey’s $5.6 million waterfront condominium in Baltimore has been sold at auction amid the disgraced actor’s financial struggles following a slew of sexual misconduct allegations.
Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating back 20 years. That was his second court victory since he saw off a $40 million lawsuit in 2022 in New York brought by “Star Trek: Discovery” actor Anthony Rapp.
But Spacey said in an emotional interview with British broadcast host Piers Morgan last month that he was millions of dollars in debt, largely because of unpaid legal bills, and facing foreclosure on the Baltimore property.
Spacey moved to the Baltimore area when he started shooting the hugely popular political thriller “House of Cards” there in 2012. Speaking through tears during the interview, Spacey said he would have to go back to Baltimore and put all his things in storage. He said he nearly had to file for bankruptcy a couple times but managed to dodge it.
His luxury condo on Baltimore’s Inner Harbor sold at auction Thursday morning for $3.24 million, according to the auctioneer’s website. It sits on a floating pier and boasts six bedrooms, seven full baths, an elevator, sauna, home theater, rooftop terrace, multiple verandas and a four-car garage.
A small group of potential buyers gathered on the steps of the downtown Baltimore Circuit Court building and made their bids, according to local media reports. The suggested opening bid was $1.5 million.
The winning bidder was acting as proxy for a real estate developer and local businessman whose identity hasn’t been disclosed, The Baltimore Sun reported.
During tearful testimony in a London courtroom last summer, Spacey denied the allegations against him and told the jury how they had destroyed his acting career as the #MeToo movement gained momentum in the U.S.
veryGood! (17739)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Vikings trade for QB Joshua Dobbs after Kirk Cousins suffers torn Achilles
- Eruption of Eurasia’s tallest active volcano sends ash columns above a Russian peninsula
- A media freedom group accuses Israel and Hamas of war crimes and reports deaths of 34 journalists
- B.A. Parker is learning the banjo
- Crews work to rescue 2 trapped after collapse of Kentucky plant being readied for demolition
- Rangers crush Diamondbacks in Game 4, now one win from first World Series title
- How the U.S. gun violence death rate compares with the rest of the world
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- What 10 states are struggling the most to hire workers? See map.
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Trial moved to late 2024 for Indiana man charged in killings of 2 girls slain during hiking trip
- UN forum says people of African descent still face discrimination and attacks, urges reparations
- Judge rules ex-NFL star Shannon Sharpe did not defame Brett Favre on FS1 talk show
- Trump invites nearly all federal workers to quit now, get paid through September
- Cyprus proposes to establish a sea corridor to deliver a stream of vital humanitarian aid to Gaza
- UN chief visits tallest mountains in Nepal and expresses alarm over their melting glaciers
- Hamas releases video of Israeli hostages in Gaza demanding Netanyahu agree to prisoner swap
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
2034 World Cup should never go to Saudi Arabia. But FIFA turns a blind eye to sports washing
Pat Sajak’s Daughter Maggie Just Won Halloween in Wheel of Fortune Outfit
As transgender health care draws patients to New Mexico, waitlists grow
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
Does candy corn kill 500,000 Americans each Halloween? Yes, according to a thing I read.
North West, Penelope Disick and Their Friends Bring Girl Power to Halloween as the Cheetah Girls