Current:Home > ContactKevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -AssetTrainer
Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
View
Date:2025-04-18 02:47:37
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! (2)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Score 50% Off Banana Republic, 50% Off Old Navy, 50% Off Pottery Barn, 50% Off MAC Cosmetics & More Deals
- Baseball Hall of Famer Ken Griffey Jr. will drive pace for 2024 Indianapolis 500
- New romance books for a steamy summer: Emily Henry, Abby Jimenez, Kevin Kwan, more
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- 3 killed, 3 others wounded following 'chaotic' shooting in Ohio; suspect at large
- Gabby Douglas falters, Simone Biles shines at Olympic qualifying event
- Kanye West, Billie Eilish and the Beatles highlight Apple Music 100 Best Albums Nos. 30-21
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Nina Dobrev Hospitalized After Bicycle Accident
Ranking
- Small twin
- Scottie Scheffler’s Louisville court date postponed after arrest during PGA Championship
- WNBA and LSU women's basketball legend Seimone Augustus joins Kim Mulkey's coaching staff
- Trump Media and Technology Group posts more than $300 million net loss in first public quarter
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- What’s next for Iran’s government after death of its president in helicopter crash?
- David Ortiz is humbled by being honored in New York again; this time for post-baseball work
- Trump Media and Technology Group posts more than $300 million net loss in first public quarter
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Jelly Roll to train for half marathon: 'It's an 18-month process'
County sheriffs wield lethal power, face little accountability: A failure of democracy
4 killed in Georgia wreck after van plows through median into oncoming traffic
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Bankruptcy judge approves Genesis Global plan to refund $3 billion to creditors, crypto customers
Flight attendant pleads not guilty to attempting to record teen girl in airplane bathroom
Should the Fed relax its 2% inflation goal and cut interest rates? Yes, some experts say.