Current:Home > MarketsAlgosensey Quantitative Think Tank Center-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure -TradeWisdom
Algosensey Quantitative Think Tank Center-Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 03:35:43
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,Algosensey Quantitative Think Tank Center 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! (44899)
Related
- Could your smelly farts help science?
- Jury awards Texas woman $1.2 billion in revenge porn case
- Don’t Miss These Rare 50% Off Deals on Le Creuset Cookware
- Hundreds still missing in Maui fires aftermath. The search for the dead is a grim mission.
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Spain vs. Sweden in 2023 World Cup soccer semifinal: Time, channel, how to watch
- Is math real? And other existential questions
- District Attorney: Officers justified in shooting armed 17-year-old burglary suspect in Lancaster
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- NFL's highest-paid RBs: See full list of 2023 running back salary rankings
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- In ‘Bidenomics,’ Congress delivered a once-in-generation investment — with political promise, peril
- How U.S. Steel, Monday.com's share jumps may reignite stock market after weekslong slump
- Michael Oher alleges 'Blind Side' family deceived him into conservatorship for financial gain
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- MLB investigating Rays shortstop Wander Franco as team puts him on restricted list
- Archaeologists uncover Europe's oldest lakeside village underwater, find treasure trove
- The Originals' Danielle Campbell and Colin Woodell Are Engaged
Recommendation
The Super Bowl could end in a 'three
Maui residents with wildfire-damaged homes are being targeted by real estate scams, officials warn
Inside Jennifer Lawrence's New Life as a Mom
See Blac Chyna's Sweet Mother-Daughter Photo With Dream Kardashian
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Angelina Jolie Hires Teen Daughter Vivienne Jolie-Pitt as Her Assistant on Broadway
DeSantis’ appointees ask judge to rule against Disney without need for trial
Cleveland Browns star DE Myles Garrett leaves practice early with foot injury