The court-ordered guardian for former talk show host Wendy Williams reportedly has sold her New York penthouse that she bought for $4.5 million in 2021. The 2,400-square-foot condo was placed on the market and sold at a significant discount amid the media maven’s drastic health decline. She had lived in the apartment for less than three years.
Wendy Williams’ Real Estate Portfolio
The property reportedly was unloaded for $3.75 million, marking a $750,000 deficit from its initial acquisition. Based on records acquired by the New York Post, the transaction was consummated on Friday, May 10.
This is the latest sale of the celebrity’s dwindling real estate portfolio.
In 2020, after splitting from her ex-husband, Kevin Hunter Sr., she sold her upscale Livingston, New Jersey, property. At first, she listed it the year before for $1.9 million. When her agent could not get any buyers, the price tag dropped to $1.7 million, then to $1,575,000 and finally to $1,475,000, according to Realtor.com.
The home was purchased by Williams and Hunter in 2009 for $2.1 million.
Under their divorce agreement, the former couple would split the money earned through the sale.
With her Jersey home gone in 2020, Williams initially rented an apartment in New York, paying $15,000 per month, TheRichest.com reports. But that was before purchasing her dream home in the financial district.
The Post reported that an unnamed source who claimes to be close to Williams says she considered the recently sold condo her “dream” home.
“Wendy’s dream has always been to live in Manhattan in a dream apartment but never got a chance to do so,” the insider said.
Guardian Drama
The Emmy winner has been diagnosed with primary progressive aphasia and front temporal dementia, thus being deemed by her legal guardian Sabrina Morrissey as “incapacitated” and unable to make clear decisions on the care and maintenance of the home.
Morrissey was placed in charge of Williams’ affairs after the gossip queen was placed under a court-ordered conservatorship in 2022. Even then, there were concerns by the court and her bank that the star was having health challenges that interfered with her decision making in regard to her finances.
Chief among the fears was she was being used by people close to her, claiming she is a “victim of undue influence and financial exploitation.”
According to her son, Kevin Hunter Jr., on the Lifetime documentary series “Where is Wendy Williams?” these concerns are unfounded.
At one point, he said his mom was living with him in Miami, Florida, but Morrissey took issue with that arrangement because it seemed he too was spending a lot of money.
“My mom made me power of attorney because at that time the banks started accusing the family of doing things that weren’t true and saying that my mom wasn’t fit to make choices,” Hunter Jr. says in the documentary, taking issue with her stopping a hefty allowance to him
“As one can imagine, it’s not a cheap lifestyle,” the 23-year-old said. “The court tried to frame it as though I was making all these charges for my own happiness. My mom has never been a cheap person, whether it’d be flying her back and forth on private planes or even paying for appointments, it was all under one American Express [card.]”
As a result of Williams’ resources being cut off from her son, he too has been placed in several financial jams.
The young man found himself served with an eviction notice from his high-rise apartment in Miami on Feb. 26, owing $4,317.08, a figure that included extra fees on his monthly rent of $3,731. By March 5, reports emerged that the building’s legal representative had filed a notice to dismiss the case, indicating the issue had been resolved.
This recent incident echoes a similar episode in 2022 when, after his mother’s bank accounts were frozen, he was evicted from his $2 million residence.
Neither Williams or Hunter has spoken about the sale of the financial district home.
