Tuesday, July 22, 2008

UPDATE: Candy Spelling

Well children, now we know why ridiculously rich Hollywood widow Candy Spelling has been looking to unload some of her real estate holdings of late...she's downsizing. The lavish living ladee just forked over a record breaking $47,000,000 to buy the top two floors of a yet to be completed A.M. Stern designed building called The Century currently rising on Avenue of the Stars in Century City. For those not overly familiar with the lay of L.A. Land, Century City is a glittering and puny pocket of tall towers that sits south of Santa Monica Boulevard and between Bev Hills and Westwood Village.

Miz Spellings dee-luxe doo-plex will span about 16,000 square feet with 360 degree views from downtown Los Angeles to Catalina Island. Not surprisingly, the reported $2,848 per square foot price sets a record for a Los Angeles condominium.

The pampered and polished Mis Spelling has purchased her giant con-doe early enough in the construction process that she will be able to bring in her own architects and designers to finish her 41st and 42nd floor aerie. A few of the high-priced details of her new digs were reported in the Los Angeles Times and include a living room with two working fireplaces, a bizarrely large 4,000 square foot master bedroom, a massage room, exercise room, and conservatory that will feature a damn rose garden as well as an indoor swimming pool that will open to a terrace. Oh it's nice to be rich, ain't it children? Your Mama imagines that Miz Spelling's team of people will somehow manage to squeeze a gift wrapping room into the plan too because let's be honest, once you've become accustomed to having a gift wrapping room or two, you simply can not live without one.

We suppose this big buy means we'll start hearing whispers and rumors about the sixty something year old's 123-room mega mansion–dubbed The Manor–on S. Mapleton Drive going on the market. In fact Miz Spelling's attorney, a gentleman named Stephen Goldberg, is quoted saying that the woman with a penchant for all things glam often receives "feelers" and expressions of interest from potential buyers for her 11 bedroom and 16 bathroom behemoth including one filthy rich party who "promised nine figures and change plus a jet." Well good for her, because no matter how you slice it, decorate it, or keep it up, 56,000+ square feet is a lonely amount of space for just one person.

Meanwhile, Your Mama hears that daughter Tori and her growing family have recently purchased a much more modest new house in the Little Holmby neighborhood of Los Angeles. Records show that Tori's new 5 bedroom house cost her $2,275,000, which our bejeweled abacus tells us amounts to a breathtaking one-twentieth of the amount of cash Candykins just dumped on her new nest.

photo: The Century

52 comments:

StPaulSnowman said...

Forget the gift wrapping room and add a Boniva-Correctol room. Talk about a carbon footprint...........Candy is a real Sasquatch!

Alessandra said...

I would be lost without my gift wrapping room. Truly.

Is it just me or is Candy Spelling a bit sad?

Anonymous said...

$50000000 to live on Olympic Boulevard!

At least she can walk to Ralph's next door.

Madam Pince said...

Her bedroom alone is bigger than my entire house.

pch said...

I'm neutral on Candy Spelling. Maybe because she seems like any other mother from that part of town. A bit more money, perhaps, but fundamentally the same. I like that she has a sense of humor about the gift wrapping room.

I could see the appeal of a penthouse after all those years of lookiloos on Mapleton, and the Century City location makes sense for someone used to Holmby Hills. If the house sells, wonder if the property gets subdivided...

Anonymous said...

Monthly maintenance charges will be huge, however she will save a ton on money on gardeners, water, security etc. Which billionaire will step-up to the plate and snag L.A.'s largest home? What are the odd's it will be a non-US citizen?
What will the asking price be for "The Manor." There will be plenty to write about on this story. Hope Tori & Randy get a piece of the pie.......

Anonymous said...

I think this is a smart move for the Candy Lady, what on earth does she need to be rambling about in that pile. How lovely to be set up in the sky with no worries sealed off from all those prying eyes. I doubt she needs to sell anything off in order to buy this new place. I still cannot understand how in her heart of hearts she does not buy her daughter a home with which even Candy would feel comfortable to come visit.
Sigh!

luke220 said...

Wow- this is a tremendous coup for Related. This sale will help them sell many other units in the building.

This sale represents 25% of their commitments to date for the building.The cynic in me thinks that the $46 million price is fluffed a bit. I hope it includes Stern's personal design for the space.

I think that the lower floor unit plans are dreadful.

Anonymous said...

alessandra's got it right.

Anonymous said...

I think she bought the penthouse suites, as it's easier to swan dive from up there.

Anonymous said...

All this mega bucks house hopping among the rich and famous makes my head swim.

Best of luck and best wishes for Tori and Dean. I've grown fond of both and am rooting for them. Their son is a remarkably beautiful baby. Haven't seen their new daughter yet, and can't wait.

Kay5 said...

C'mon now HATERS..Tisk, tisk-let's not call names...Congrats to Candygram!...May she continue to live the Posh Life that Aaron always intended!--I'm sure he is smiling down on her...

StPaulSnowman said...

Good........he better do it now before she moves on up to the top of that tower.

lil' gay boy said...

Doesn't matter how high up she lives, it's not getting her any closer to God…

I wonder if she'll even have a guest room or two for her offspring, or will the doorman just keep them cooling their heels in the "polished Burma teak marble, gold limestone and sycamore wood" lobby.

Gift wrapping room or no, as others have already pointed out, it makes a great jumping off point.

Hmm.

Anonymous said...

and that isn't even the #1 unit in the complex....

StPaulSnowman said...

Don't tell me..........Mr. Cage owns the #1 unit.

Anonymous said...

"At least she can walk to Ralph's next door."

There is no Ralphs next door. Not that she'd be walking to it if there were.

Viva! said...

I'm also neutral on Candy Spelling. When I've seen her in interviews she actually seems to have a sense of humor...plus Joan Collins likes her AND Tori, so there is hope for them yet.

Moving to a condo is a smart move I'd say, she can leave her 'Manor' memories where they belong: the past. Sometimes it's just easier to totally move on and divest oneself of the past. It's a lavish place, no question, why not, she can afford it!

And good for Tori buying herself a happy home in Little Holmby...I too have grown fond of her and Dean and their kids and I wish them the best!

Aurealia Hawn said...

Candy Spelling a an absolute doll. As kids,after Hebrew School, we used to buy cherry cokes, smoke Pall Mall Gold 100s and laugh at the girls who couldn't afford Villager clothes. Now look at her, she deserves it all. Think of the excitement of the fegela decorators who might have their big changes.

tickle said...

Well now all Candykins has to worry about is being shaken right out of the 42nd floor gift wrapping room and cartwheeling down 42 floors when the Big One hits- with a red ribbon bow clamped in her teeth. 42nd Floor- yikes fires and earthquakes no thanks lol

StPaulSnowman said...

When it's time..........it's time. What do they say? She has more money than God. Maybe he sold her disaster insurance.

Anonymous said...

Sure there is a Ralph's "next door"...it's on Olympic maybe a block west.

Anonymous said...

Not the best area to live - would rather be near little Holmby. This location on Olympic is very commercial focused.

Even at level 42 on the website you have the office towers blocking your view.

The lack of presales is always a indicator of a white elephant

Anonymous said...

Overpriced Condos are soooooo 2006

Anonymous said...

There is a Ralphs on Olympic past Century Woods....but that isn't "next door" or even "a block away". Plus this property is on Ave. Of The Stars, which is elevated above Olympic. You couldn't walk out of the St. Regis onto Olympic and I doubt this will be any different. I think someone is just jealous that Candy's new bedroom is 8 times the size of their whole house.

Chris said...

The address I believe is 596 S. Mapleton. You can see it on Google Earth. It is an icon of obscene excess. Built with the money of monumental bad taste. Nothing like it shows how etch-American is BAD TASTE and OBSCENE EXCESS.

Anonymous said...

Anybody have any idea who her agent was?

E.J. said...

The Mapleton house is at 594 S. He tore down three estates (one belonging to Bing Crosby) to build it. Being rich doesn't suck. My sister's husband was a bid dog with Spelling and she was there several times for events and told me it was absolutely appalling inside. It's so big that the Fire Department made them put "EXIT" signs at the end of all the hallways. Said it was like being in a badly-decorated hotel. An ostentatious horrible display of wealth. How do I get one?

floridazephyr said...

The best way to get one is to cater to popular taste in televisions shows.

Chris said...

..."popular taste in televisions shows...you mean vulgar taste, do you not? Being rich is not evil if you limit your intake of goods to what you really need and use the rest of your wealth for good deeds and to help the less fortunate. If you greedily overconsume beyond any imaginable need, then being rich does suck.

average joe said...

I thought she bought the whole building for 42 MM that would make sense

The biggest penthouse on wilshire is going for less than 20 MM

Anonymous said...

I thought we were rid of you until September?

average joe said...

nope I am rich I can go anywhere I want, do what I please

so you can suck my dick !!!!!!

average joe said...

FYI

anyone who says the super rich are sad like Candy are most likely broke and envious of others or they are jesus freaks that have no pot to piss in.

like it or not earth is heaven and hell and it looks like candy has bought another piece of heaven here.

Given the type of building it is and that it is brand new and she owns the 2 top floors I can now see the price as a bargain.

I imagine it will be the biggest penthouse in LA if not the states ?

average joe said...

that picture of it sure looks the heaven described in the bible to me

average joe said...

nope I am poor I just pretend go anywhere I want, do what I please

can I suck your dick ?????

average joe said...

FYI

i just got a new job holding the pot while Candy pisses in it. you are most likely broke and envious of me.

I imagine I iam the biggest biggest douche in LA if not the states !

average joe said...

that picture of it sure looks the heaven described in the bible to me which is as close as I will get to heaven

Chris said...

anyone who says the super rich are sad like Candy are most likely broke and envious of others or they are jesus freaks that have no pot to piss in.
(((((((((
I didn't say she was "sad"; I opined that she was greedy. I rather doubt really happy people need to be so greedy. Often things are used as a substitute for love and self-esteem, etc., etc. Just saying. Warren Buffett, for example, who is a very happy man by all accounts lives in a very modest house. No need for greedy display.

floridazephyr said...

Is that the Margarita guy? He only seems happy because he is always drunk and singing.

Anonymous said...

Chris, I hate to say this but:

Warren Buffett runs a multibillion dollar corporation that is responsible for forcefully starting wars in third world countries and killing millions of children, women, families

make no mistake about it

he is one of the most powerful and dangerous figures out there.

He also lives the life of a billionaire.

He is not as frugal as you would think.

Guess what happened to those guys that broke into his humble shack ?

They disappeared !!!!

Appearances are deceiving

Chris said...

Oh, please. Buffett owns some corporations outright and in others he is a rather large shareholder. Now what wars did DairyQueen start? Or See's Candies? Burlington Nothern of course invaded Iraq as we know. And Kraft started the Vietnam war for occult purposes. Coca Cola it is now known was responsible for the Korean War, but what can we do?

Buffett owns a corporate jet since he needs to get to distant places quick but I don't know that he lives anywhere but in the Omaha house he bought for less than $40,000. You get a zero for trying to smear W B.

Trudy said...

Don't know about Buffet being a war starter, but he doesn't seem to live as lavishly as most billionaires.

He owns at least one house in laguna beach that in bought in the early 1970s when you could buy a house there for pennies to today's dollar.

Anonymous said...

Candy employs a latin women to wipe her ass. Tori got fed up with it, had a fight and left the "manor" for good

floridazephyr said...

Poor Candy. Does she have a bad shoulder or something?

average joe said...

I am not a latin woman and I lick not wipe

Anonymous said...

Good for Candy.....it's a great location.....very secure....Who needs Ralphs market, Owen's Market is on Pico and they deliver.

Anonymous said...

Good for Candy.....it's a great location.....very secure....Who needs Ralphs market, Owen's Market is on Pico and they deliver.

Anonymous said...

well if you are fortunate to know anyone in the upper echelon of the military you would know

of course it will always be kept a secret, well at least until he is dead

Anonymous said...

Century City? What a dump. God bless her, but this woman is out of touch.

Mike in Brentwood said...

It's official....she gave a tour of the house this morning on CBS:

http://www.cbsnews.com/sections/i_video/main500251.shtml?id=4310137n

Anonymous said...

You go girl! too all the haters out there FU