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John Travolta's son, Jett, dead at 16
Thursday, January 8
The Norfolk Virginian-Pilot reported producer Teddy Riley's abandoned Future Records Recording Studios burned down Tuesday morning.
Riley has had financial and legal problems in recent years, owing about $1 million earlier this year. He also had defaulted on a loan against the studio.
Lawyers agreed in February to seek a buyer for the 3,300-square-foot studio and late last month, an auction was held to sell the building, but no one met the opening bid of $500,000, the Virginian-Pilot said.
The cause of the blaze was still under investigation, fire officials told the newspaper.
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