Jennifer Lopez is the latest victim of Florida's foreclosure crisis. The condo in the Icon Brickell building she was shacking up in with her latest younger lover, Caspar Smart, has now been bought up out of foreclosure by someone else and Lopez will have to move out according to Gossip Extra. Don't worry about J.Lo's bank account though. Lopez was only leasing the place, so the foreclosure isn't related to her personal finances.
Back in 2009 Lopez and her then-hubby Marc Anthony started leasing a condo in the Icon Brickell. Jose Lambiet confirms our then-suspicion that the deal was designed to raise cheap publicity for the Icon. The couple got a good deal on a lease, and news of their residence in the struggling glass tower made its way around the gossip press. However, Lopez never bothered to buy her condo.
In 2010, HSBC Bank seized ownership of 1,276 condos in the tower from developer Jorge Perez and Miami Dolphins owner Stephen Ross' Related Group. Now J.Lo's love nest has been sold by the bank, and she'll likely be forced to pack up and move out. The buyer scooped up the apartment for $1.5 million.
Keep Miami New Times Free... Since we started Miami New Times, it has been defined as the free, independent voice of Miami, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Miami with no paywalls.