Current:Home > MarketsRekubit-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -WealthRoots Academy
Rekubit-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
NovaQuant Quantitative Think Tank Center View
Date:2025-04-07 11:43:05
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,Rekubit 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! (4912)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Democrats try to block Green Party from presidential ballot in Wisconsin, citing legal issues
- Alabama Supreme Court authorizes third nitrogen gas execution
- How 'Millionaire' host Jimmy Kimmel helped Team Barinholtz win stunning top prize
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Hurricane Ernesto aims for Bermuda after leaving many in Puerto Rico without power or water
- Montana Supreme Court rules minors don’t need parental permission for abortion
- Miami father, 9-year-old son killed after Waverunner slams into concrete seawall in Keys
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- 'Jackpot!' star John Cena loves rappers, good coffee and a fine tailored suit
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Rob Schneider Responds to Daughter Elle King Calling Out His Parenting
- As students return, US colleges brace for a resurgence in activism against the war in Gaza
- Zelenskyy says Ukrainian troops have taken full control of the Russian town of Sudzha
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Judge tells Google to brace for shakeup of Android app store as punishment for running a monopoly
- Jordan Chiles, two Romanians were let down by FIG in gymnastics saga, CAS decision states
- What to stream: Post Malone goes country, Sydney Sweeney plays a nun and Madden 25 hits the field
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
As school bus burned, driver's heroic actions helped save Colorado kids, authorities say
A stowaway groundhog is elevated to local icon
'Love Island UK' stars Molly-Mae Hague, Tommy Fury announce split after 5 years
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Jordan Chiles Breaks Silence on Significant Blow of Losing Olympic Medal
Reports: US Soccer tabs Mauricio Pochettino as new head coach of men's national team
Kaley Cuoco and Tom Pelphrey announce engagement with new photos