Current:Home > StocksKevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -TradeGrid
Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
View
Date:2025-04-16 13:48:08
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! (12)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Sizzling 62 at Riv: Hideki Matsuyama smiling again after winning 2024 Genesis Invitational
- People's Choice Awards 2024 Winners: See the Complete List
- Paul McCartney's long-lost Höfner bass returned after more than 50 years
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- 200-ft radio tower stolen in Alabama: Station's GM speaks out as police investigate
- NBA All-Star weekend: Mac McClung defends dunk title, Steph vs. Sabrina captivates
- Death and money: How do you talk to your parents about the uncomfortable conversation?
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Alexey Navalny's message to the world if they decide to kill me, and what his wife wants people to do now
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Flood watches issued as another round of wet winter storms hits California
- Major New England airports to make tens of millions of dollars in improvements
- Stock market today: Asian shares are mostly higher as Chinese markets reopen after Lunar New Year
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Tech giants pledge crackdown on 2024 election AI deepfakes. Will they keep their promise?
- American woman goes missing in Spain shortly after man disables cameras
- Prince William Attends 2024 BAFTA Film Awards Solo Amid Kate Middleton's Recovery
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
‘Bob Marley: One Love’ stirs up $27.7M weekend, ‘Madame Web’ flops
OpenAI's new text-to-video tool, Sora, has one artificial intelligence expert terrified
NBC anchor Kate Snow announces departure from Sunday edition of 'NBC Nightly News'
Senate begins final push to expand Social Security benefits for millions of people
Russia says it has crushed the last pocket of resistance in Avdiivka to complete the city’s capture
FDA approves a drug to treat severe food allergies, including milk, eggs and nuts
Jaromir Jagr’s return to Pittsburgh ends with his No. 68 being retired — and catharsis