Two years ago former daytime talk show host Wendy Williams was placed under a financial guardianship after her son's lavish spending raised red flags with Wells Fargo Bank [click here if you missed that].
Now it's being reported that Wendy's beloved Manhattan penthouse has been sold by her guardian at a huge loss...
From The NY Post
Wendy Williams’ cherished Manhattan penthouse, once hailed as her dream abode, has been sold off by her guardian, The Post has learned.
The transaction, which closed on May 10, occurred only several years after Williams acquired the Financial District property.
It’s also the latest chapter in Williams’ ongoing legal and personal challenges after being diagnosed in 2023 with primary progressive aphasia and frontotemporal dementia.
Records accessed by The Post indicate that Williams, 59, was deemed “incapacitated,” thus necessitating the involvement of a guardian in the decision-making process regarding the sale of her residence.
The three-bedroom, three-bathroom penthouse traded hands for $3.75 million, marking a considerable decrease of $822,000 from its purchase price in July 2021.
An insider close to Williams lamented her circumstances, telling The Post, “Wendy’s dream has always been to live in Manhattan in a dream apartment but never got a chance to do so. It is a very unfortunate situation.”
Prior to the sale, Williams divested herself of all personal belongings housed within the property, including her iconic purple chair, a fixture synonymous with her provocative “Hot Topics” segment that captivated audiences for years.
Meanwhile, at the same time that Williams was selling off her belongings, she was also dealing with a hefty tax problem.
She owed more than half a million dollars in unpaid taxes, which resulted in a federal tax lien. Legal documents revealed that her New York City condo, purchased for $4.5 million in 2021, was affected by this lien.
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