Kevin Spacey’s Manager Bought Expensive Inner Harbor Pier Home

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Photo via Marks, Thomas Architects

Actor Kevin Spacey’s manager, not Spacey himself, was the buyer of a high-priced Inner Harbor pier home that sold earlier this year.

The Baltimore Sun‘s Brittany Brito reported Tuesday that Evan Lowenstein, Spacey’s manager, revealed himself as the mystery buyer who purchased 622 Ponte Villas North, part of the gated Harborview community.

Baltimore Fishbowl reported earlier this week that people familiar with the Baltimore real estate market said the purchaser was rumored to be the “House of Cards” star.

“Real estate agents talk to each other,” said one source, who added that other property owners along Ponte Villas North had identified Spacey as the buyer.

State property records show the sale took place this past February. Real estate agents previously said the purchase price was $6.25 million, though tax records indicate it was sold for $5.65 million, still making it one of the most expensive homes sold in the Inner Harbor.

The seller was the estate of developer Leroy Merritt. The buyer’s identity was not immediately disclosed, sparking speculation about who it could be. Listing agent Charlie Hatter declined last week to reveal the individual’s identity.

Tax records list the buyer as Clear Toaster LLC, which the Sun reports is managed by David Bolno, a partner in the entertainment-focused accounting and business management firm Nigro Karlin Segal Feldstein & Bolno. He reportedly signed the deed as a representative for Lowenstein, according to Britto’s report.

Lowenstein, who is the CEO of online performance venue startup StageIt, couldn’t be reached for comment Wednesday. (A phone line listed for his company was disconnected.)

He told the Sun that he purchased the pier home through a limited liability company to maintain privacy, and described himself as Spacey’s friend, manager, and business partner.

It’s not uncommon for talent managers and agents to purchase properties for famous clients, as noted previously by real estate site Zillow and The New York Times.

Associate editor Ethan McLeod contributed to this story.

Ed Gunts

Ed Gunts

Ed Gunts is a local freelance writer and the former architecture critic for The Baltimore Sun.
Ed Gunts


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1 COMMENT

  1. “Friend, manager, and business partner”….Hmmm! Interesting! Any thing else? Probably so.

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