SAN FRANCISCO (KRON) — Francis Ford Coppola’s recent financial troubles have been well-documented. The legendary director and filmmaker self-financed his most recent picture, the $120-million sci-fi flop, “Megalopolis.”
The box office bomb, which only made about $14 million, reportedly left the Oscar-winning director virtually broke. Last month, the San Francisco Chronicle reported that the director would be auctioning off his million-dollar watch collection to “keep the ship afloat.”
Tote bag promise brings long lines outside this Target in Fresno
Now, the director is reportedly putting another one of his assets on the line. According to a report in The Real Deal, Coppola is putting up North Beach’s iconic Sentinel Building, which he has owned since 1973, as collateral for a loan.
Coppola purchased the seven-story Edwardian-era building at the corner of Columbus Avenue and Kearny Street following the success of his breakthrough film, “The Godfather,” in 1972. The tile and copper-clad building, which survived the 1906 Earthquake, was designated as a historic landmark in 1970.
For decades, it’s been home to Café Zoetrope on the ground floor, with Coppola’s production company, American Zoetrope occupying the officers above…