Kevin Spacey wants 6 months to move out, but Baltimore condo buyer wants actor gone sooner
BALTIMORE — The Potomac real estate investor who bought Kevin Spacey’s luxury home in Baltimore at auction last month says the famous actor is unwilling to leave the residence, at least not right away.
“We’re trying to negotiate a move out date,” Sam Asgari, a former biomedical engineer at Suburban Hospital who pivoted to real estate, told The Baltimore Sun Wednesday. “He was going to leave in six months, but it costs so much money to keep that condo.”
An attorney for Spacey did not immediately return requests for comment Wednesday.
The identity of the person who purchased Spacey’s 9,000-square-foot, waterfront condo was previously unknown; a real estate agent represented them at the auction on the steps of Baltimore Circuit Court on July 25. Court records filed earlier this month reveal Asgari as the buyer.
Asgari bought the two-unit condo in the Pier Homes at Harborview complex for $3.24 million, with the property having last sold for over $5.6 million to Clear Toaster LLC in 2017.
Spacey’s friend and manager Evan Lowenstein owned the home, and that the former “House of Cards” star only recently laid claim to it, Lowenstein previously told The Sun.
At the time of sale, not only was Asgari’s identity unclear but also his plans for the property, which his agent described as “iconic.”
Asgari told The Sun he intends to sell.
“The price is going to be one of the most expensive houses in Baltimore,” Asgari said Wednesday.
The Baltimore Banner news site first reported the developments surrounding Spacey’s departure.
For the Oscar-winning Spacey, negotiations over his exit from the luxury pad represent a continued fall from grace. The actor owed a hefty sum in back payments for the home, and a city Circuit Court judge last summer signed off on a foreclosure sale, according to court records. And it was only in June that Spacey told British talk show host Piers Morgan about his millions of dollars of debt from fighting several lawsuits in the U.S. and in Britain alleging sexual misconduct.
Asgari, chief executive officer of Simo Homes, meanwhile, continues to make headlines with his purchases of notable Maryland real estate. In January, he bought famed investor and philanthropist Johns Hopkins’ childhood home in Anne Arundel County. He said at the time that he and his wife hoped to restore the Gambrills property ‘to its former glory,” with an eye towards repurposing it as a country inn or wedding hall. He also planned to add a museum dedicated to those who were enslaved on the former 13-acre plantation where the house sits.
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