Current:Home > StocksIndexbit-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -WealthRoots Academy
Indexbit-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
Ethermac View
Date:2025-04-07 16:39:30
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,Indexbit 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! (6)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- What’s in a name? GOP vice presidential nominee JD Vance has had many of them
- French rail system crippled before start of Olympics: See where attacks occurred
- Sheriff's office knew about Sean Grayson's DUIs. Were there any other red flags?
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Ohio court rules that so-called boneless chicken wings can, in fact, contain bones
- In the Developing Field of Climate Psychology, ‘Eco-Anxiety’ Is a Rational Response
- Mammoth Overland Tall Boy Overland Camping Trailer is a tall glass of awesome
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- MLB's best make deadline deal: Austin Hays to Phillies, Orioles get bullpen help
Ranking
- Arkansas State Police probe death of woman found after officer
- Billy Joel's Daughters Della, 8, and Remy, 6, Make Rare Public Appearance for Final Residency Show
- Uber and Lyft drivers remain independent contractors in California Supreme Court ruling
- Canada soccer's use of drones could go back years, include men's national team
- DoorDash steps up driver ID checks after traffic safety complaints
- Get free Raising Cane's for National Chicken Finger Day 2024: How to get the deal
- RHOC's Alexis Bellino Slammed for Trying to Single White Female Shannon Beador
- Why Ballerina Farm Influencer Hannah Neeleman Rejects Tradwife Label
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
How many US athletes are competing at 2024 Paris Olympics? Full Team USA roster
Billy Joel gives fans a big surprise as he ends historic Madison Square Garden run
The Daily Money: Back-to-school financial blues
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Sammy Hagar 'keeping alive' music of Van Halen in summer Best of All Worlds tour
2024 Paris Olympics: See Every Winning Photo From the Opening Ceremony
Ryan Reynolds’ Trainer Don Saladino Details His Deadpool & Wolverine Workout Routine