Kevin Spacey’s Baltimore Condo Sold Amid Financial Woes

BALTIMORE – Kevin Spacey’s luxurious waterfront condominium in Baltimore has been sold at auction for $3.24 million, a significant drop from its original value of $5.6 million. The sale comes as the actor grapples with financial difficulties following multiple sexual misconduct allegations. Despite being acquitted of sexual assault charges by a London jury last summer, Spacey revealed in a recent interview that he is millions in debt, primarily due to legal expenses, and is facing foreclosure on the property. Spacey, who relocated to Baltimore in 2012 to film the acclaimed series “House of Cards,” expressed his emotional turmoil during an interview with Piers Morgan. He shared that he has narrowly avoided bankruptcy on several occasions and is now forced to store his belongings as he prepares to leave the city. The auction for the condo, which features six bedrooms, seven bathrooms, and luxurious amenities, attracted a small group of bidders, with the opening bid set at $1.5 million. The winning bid was placed by a proxy for an undisclosed real estate developer and local businessman. Spacey’s financial struggles have been exacerbated by the fallout from the #MeToo movement, which has significantly impacted his acting career. During a previous court appearance, he tearfully denied the allegations against him, emphasizing the devastating effects they have had on his life and profession.