Former professional wrestler Hulk Hogan, whose real name is Terry G. Bollea, helped to put a stop to Gawker Media LLC founder Nick Denton’s bid to lease his downtown Manhattan loft, the Wall Street Journal reported today. Bollea had taken issue with Denton’s bid to rent the loft for $12,500 a month for at least a year, saying that wouldn’t be enough to cover condominium expenses. A bankruptcy judge on Wednesday sided with Bollea and denied Denton’s request to lease the condominium, which is valued at $4.25 million. In objecting to the Gawker founder’s request, a lawyer for Bollea said in a court filing “it is quite understandable that [Mr. Denton] does not want to sell his former home,” but the Gawker founder hasn’t offered up justification for leasing the property. A monthly rental of $12,500 would leave Denton in the red by $97,000 a year, court papers say. The Gawker founder and his spouse have since relocated to a cheaper apartment, according to court papers.
