Kevin Spacey Hollywood actor refuses to leave Baltimore home after foreclosure sale to Sam Asgari as investor now threatens evictions proceedings in the latest drama besetting Oscar winning actor amid sexual battery allegations.
From bad to worse? In the latest ‘dramatic saga’ involving arguably one of America’s most talented actors (but equally litigious personas… alas) Kevin Spacey has now found himself in a bitter standoff with an investor who is seeking to have the actor evicted after refusing to leave his luxury Baltimore home after losing it in a foreclosure auction for $3.24 million.
Sam Asgari a Bethesda based investor scored the sprawling waterfront property, nestled on a pier extending into the Patapsco River, at a bargain price during the auction at Baltimore Circuit Court.
Of note, Spacey acquired the sprawling 6000 ft square waterfront residence for $5.65 million in 2017. The sprawling residence boasts 9,000 square feet of space, six bedrooms, an elevator, a sauna, a home theater and multiple verandas.
Why is Hollywood actor refusing to move out?
What seemed like a smooth expeditious steal deal quickly turned into a headache as the embattled actor has to date ‘declined’ to hand over the keys.
Asgari since purchasing the home last month has been trying to take possession of the property for almost three weeks, only to find himself entangled in legal wrangling with Spacey’s team according to the nypost.
Asgari’s purchase was sealed with a $100,000 deposit. Once the sale is ratified by the courts, the investor could potentially initiate eviction proceedings, possibly with the assistance of sheriff’s deputies.
‘The sale of Mr. Spacey’s home marks the end of an era and the beginning of a new chapter for this iconic home,’ Sam Sheibani from Compass, who listed the home previously, told the nypost.
‘This transaction is not just a real estate milestone but also a reflection of the deep history and unique architecture of Baltimore,’ Sheibani said. ‘We are very excited to see how the potential new owners will make their mark on this unique piece of Baltimore history.’
Easier said than done. The only snafu? The actor for reasons known to himself has refused to leave following the sale of the property.
‘Right now, he’s refusing to leave,’ Asgari revealed to the Baltimore Banner. ‘He’s asking for six months to leave the property without paying anything.’
Asgari added that Spacey’s refusal to leave has forced him into negotiations with the actor’s lawyers.
However, Edward U. Lee III, Spacey’s attorney, has denied those claims.
‘The accusation by Mr. Asgari is false,’ Lee told the Banner.
Spacey’s refusal to leave is just the latest chapter in a string of financial woes for the fallen star.
But where are his rich friends?
During a June interview with Piers Morgan, Spacey confessed, ‘I’m not quite sure where I’m going to live now,’ admitting that he’s drowning in debt, unable to pay legal fees, and has been forced to move his belongings into storage.
The mansion was foreclosed on after Spacey defaulted on his $20,230 monthly mortgage payments — an amount he struggled to maintain after the ‘controversial’ actor’s firing from ‘House of Cards’ and subsequent legal battles following accusations of sexual harassment and misconduct of fellow male actors.
Jurors have sided with Spacey in one high-profile case in Manhattan, where he was cleared of a $40 million sexual battery suit, while a London jury acquitted him of sexual assault charges just nine months ago.
The acquittals should have brought back the work and contracts, but for the interim have seemed sparse, perhaps as the jury remains out on whether the public is ready to forgive the actor and once again embrace him on stage and cinema – areas where the classically trained actor has excelled.
Presumably doing the actor few favors is the release of a two-episode documentary titled “Spacey Unmasked,” now streaming on Max, delving into the actor’s past — a movie the actor publicly condemned for its lack of fairness.
Which all raises the awkward question- where are all the Oscar winners friends? Shouldn’t they be there for the Hollywood great? Or are they only there as long as the gravy train moves in the right direction?
While high profile pals like Sharon Stone and Liam Neeson have rallied to his side, Spacey’s future — and his residency — continue to remain in limbo.
In Baltimore, where Spacey has kept a low profile, locals have occasionally spotted the star walking his dog or enjoying a meal at the swanky Sagamore Pendry hotel.
But with the looming eviction, Spacey may soon be singing the blues — perhaps back on the stage at Baltimore’s Keystone Korner jazz club, where he once performed unannounced.
One thing is for sure, the drama is likely to be equally compelling off stage as much as it is on stage.
