They say you shouldn’t make huge financial decisions when you are going though a divorce, losing your job, or if someone close to you has died. Yet two weeks after getting the axe from Oprah and less than a month after selling her Chicago home Rosie has her STAR ISLAND HOUSE on the market. Why? Rosie, WHY? I know Rosie has a new fiancee and loves NYC and is planning to live there now, but seriously, why sell the 11,000 sqft place on Star Island? It’s one of the best places there. She’s looking to nearly triple her money with the sale price of 19.5 million but still, if you had 20 million dollars, wouldn’t you buy a great house on an island??? Especially if you lived in NYC where the winters are cold and long. If not a house on an island then WTF do you do with an extra 20 million? Meanwhile, the finale of her show aired on Thursday despite being scheduled for Friday and just sort of fizzled with a story about a chick who made a documentary on crop circles. Kidding not. Oh Rosie!
She's like the Kieth Olberman of talk shows!!LOL
I would not be surprised with her talk show not being a success that her financial planners have told her to streamline what she owns. I know for that the last several years she has only been able to go to Miami sporadically, with her kids in school, and them prefering NY to Miami..Having a mansion that you only live in for a month or so a year, really doesnt make financial sense, she can rent one for a fraction of the cost of upkeep on the star island house alone.. I know at one time, Ro was worth 500 million, but if you arent generating new income, she is likely not able to just live on the interest and is cutting into the capital, taxes and upkeep on her properties probably range in the millions as it is..
Maybe the new financee wants a new house for a fresh start. Stupider things have happened in relationships.WD