Celebrity Pay Dirt
Candy to Ed McMahon: I'm Losing My House Too

Candy SpellingEven Candy Spelling is feeling the housing crunch -- she's scaling back from the infamous Spelling mansion to a paltry 16,500 square foot penthouse.

Spelling just dropped $47 million (!!!) of her late husband's money on a two-floor condo that is a third of the size of her 56,500 square foot Holmby Hills estate. The apartment is located on the 41st and 42nd floors of the brand new Century building and won't be ready until 2009 -- around the time Tori gives birth to her fifth rugrat.

Candy is giving up her notorious gift wrapping room, 3,500 square foot closet and bowling alley and making do with the condo's two fireplaces, dining room for 25, staff quarters, massage room, rose garden and private swimming pool. These are tough times, people!



Reader Comments

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61. #49........EVERYTHING SOUND DANDY FOR CANDY , ONE THING SHE FORGOT TO DO ..........

......................HOW TO BE A "REAL MOTHER" TO HER DAUGHTER AND SON ............................................


HOW CAN SHE GIVE ADVICE TO BRITTANY SPEARS , PARIS HILTON AND OTHERS

SHE HAS NO RELATIONSHIP WITH HER DAUGHTER , CANDY HAS NO PLACE TO

GIVE ADVICE . SHE'S A LOUSY MOTHER . YOU DON'T TREAT YOUR SON / DAUGHTER

LIKE THEY'RE A PIECE OF MEAT , YOU TREAT THEM WITH RESPECT AND APPRECIATE

WHO THEY'RE .

IT'S NOT TO LATE FOR CANDY TO GIVE A RELATIONSHIP , IF SHE

ONLY WANTED TOO . KNOW IS THE TIME . CANDY ISN'T GETTING ANY YOUNGER .

CANDY NEEDS TO CHECK HERSELF IN AND FIGURE OUT , WHO SHE IS , THAT'S THE

BEGINNING , FOUND HERSELF . ONCE SHE DOES , THEN START A RELATIONSHIP WITH

TORI AND RANDY .

THEY NEED TO ALL MOVE OUT OF HOLLYWOOD , LIVE IN THE

MIDWEST , ALWAYS A FAMILY GATHERING . FAMILIES SPEND QUALITY TIME TOGETHER .

Posted at 8:06PM on Jul 22nd 2008 by #49...CANDY HAS NO PLACE TO GIVE ADVICE , WHEN SHE DONE A LOUSY JOB WITH HER SONDAUGHTER.

62. To; in the know... what the hell does seeing the library in the spelling house have to do with anything and according to your other comments about all her charity work, it would appear that Candy is far to busy pleasing strangers and giving them her money rather than taking care of her own family. I guess if her kids want any kind of relationship with her they need to stand in line with all the bogus charity events she attends and blow smoke up her ass to get her attention. Candy missed the part of when you have children they come first everyone is last.

Posted at 8:37PM on Jul 22nd 2008 by give me a break

63. Anyone need more proof that no matter how much money you have you can still be butt ugly?

Posted at 10:22AM on Jul 23rd 2008 by WTF

64. I have a "gift wrapping room", too! It's called my kitchen table!!! Heee!!

Posted at 9:27PM on Jul 22nd 2008 by angie

65. Banks are foreclosing and kicking people out of their homes. The economy is in the tank. And somehow this rich, do-nothing bitch, who hasn't worked a day in her life to earn any of her money, needs to go public to let everyone know she's buying a $47 million condo. She is nauseating. Tori is better off without her. What a despicable human being!

Posted at 9:43PM on Jul 22nd 2008 by christine

66. I have to say that Candy will get what's really coming to her one day. There's no excuse in the way she treated Tori. She is one lucky woman that Tori has such a kind heart and would even allow her to see those beautiful babies. Tori...you hang in there girl! You are an awesome Mom!

Posted at 9:48PM on Jul 22nd 2008 by Twinkie

67. Candy just goes to prove the old saying that "MONEY CANNOT BUY YOU CLASS!"

Posted at 9:49PM on Jul 22nd 2008 by christine

68. its a shame she has all that money, and tori and dean could barely buy a house, i know she (tori) has money compared to the rest of us, but damn with a mother that loaded she shouldnt have a worry in the world. and i love her show, and that cute lil monkey.

Posted at 1:06AM on Jul 23rd 2008 by mimi

69. how do we know she's "downsizing". maybe this is an ADDITIONAL dwelling for her. Yes, she plunked down $ for the new place, doesn't necessarily mean she's selling the Holmby Hills estate. You guys LOVE running with half assed TMZ speculation and getting your 99cent thong underwear in a twine. And LULU-- you still may be happier than Candylandy with your $5 bud than she is with $100 gazillion in property. but i doubt it..

Posted at 10:12PM on Jul 22nd 2008 by M

70. Give Tori- Dean and the kids some of that money already- you greedy selfish pirate!!!!! PIRATE- I say!!!!!

Posted at 11:45PM on Jul 22nd 2008 by P-Type

71. Could you people be any more jealous? So what if she wants to spend millions on a penthouse? It's HER MONEY, and at least until B. Hussein Obama gets into the White Mosque, it is not up to anyone but the owner of that money, to dictate the "right way" to spend it.

One of my best girlfriend's lives in a 20,000 sf house and her 1,000 sf closet is bigger than mine. do you see me complaining that she should give her money to me, so I can have a bigger closet or that she's a bad person because not everyone's closet is as big as hers?

My husband drives a Bentley GT. Is he supposed to travel wearing a propeller beanie because not everyone has a Bentley?
Maybe the people driving Range Rovers, as I do, should have to give up their cars for the Subaru SUV drivers-after all, imagine how they must feel whenever a Range Rover whizzes by!

How are Candy Spelling's living acommodations going to impact your life?
IF SHE LIVES IN A HUT, WILL THAT FACTOR THEN INCREASE THE SIZE OF YOUR HOUSE OR PAYCHECK?


Yeah, I didn't think so. Because notwithstanding marriage, the ONLY WAY to increase you house size and paycheck is to STAY IN SCHOOL, STAY OUT OF JAIL, ANd dON'T GET KNOCKEd UP UNLESS YOU ARE MARRIEd.

I get the distinct impression that the vast majority of you did not adhere to those simple rules.
don't go blaming Candy Spelling for your failures.

Posted at 11:48PM on Jul 22nd 2008 by Narcissa

72. So obvious Narcissa has a face of an old hobo's shoe and the body of a big sloppy Jerry Springer guest. Those who flaunt to people what they "allegedly" have to make up for looking like a mule- does not say much for your intelligence- but proves you are fugly inside an definitely out! Don't think you are the only person on this sight that can say you have this and that, in fact you don't even belong commenting because you are obviously not worth a dime you peasant!

Posted at 12:27AM on Jul 23rd 2008 by Bossy

73. You can think what you want about my being a peasant or what not. If you must know, my husband, a nationally known criminal defense attorney of whom I am VERY proud, and who does very well, by most people's standards, gives me a great life- but we are certainly not the richest people in the world.

Anyway, my NOT telling it like it is, i,e,that most of these posters are just jealous-is not going to make it any less true. And, I'll say it again- the FACT is that even if Mrs. Spelling moves into a hut, that factor is NOT going to make THEIR houses any bigger. THAT is the truth, whether you like it or not,

So, go right ahead and say what you want about me, but through hard work and FOLLOWING THE RULES OF LIFE, I am blessed with a great life and begrudge no one for their success, unlike you.

It is nobody else's fault if they didn't follow the rules of life and now have to live a jealous vicarious existence, trashing Mrs. Spelling and others who are wealthier and more successful!

Posted at 1:14AM on Jul 23rd 2008 by Narcissa

74. @74
"Just Jealous", "living in a hut", "following the rules of life"...wow you really talk like a wannabe blue-blood and a complete moron. No wonder this country is headed towards economic ruin. The Gramm-Leach-Biley Act and the The Commodity Futures Modernization Act were not "following the rules of life" but, deliberate attempts to loot this country for everything it has. But, we all know the wealthy have superior moral standards--of course...perhaps your husband should invest in your education instead? Seeing as though you know absolutely nothing. See you in the soup lines my friend.

Posted at 8:18AM on Jul 23rd 2008 by Oh please...

75. I think the whole situation is sad. Many of us have children who have made mistakes as well as most of us ourselves. I find it unfortunate that as in many wealthy families, money is the weapon the parents wield against their children. I can see cutting off (or setting up a regimented trust fund) your kids if they have a drug or alcohol problem and more money would just help them fund that. But, to be judgemental and try to impose your will in the way they run their lives is wrong. They may screw up, GET OVER IT. It is wrong morally, psychologically and every other way you can name. As parents we are blessed with our children, but after we raise them, it is time to back off and let them go. Was she spoiled, yes, but aren't most children? My grandmother disinherited my father and his brother was more than happy to inform him of that, running around with the will at her funeral. It's not like dad wanted her stuff, but the idea of it cut him deeply. She didn't like his second wife and punished him for it. As his "heirs" we were also given nothing. Anyway, Candy Spelling needs to read up on Karma, it will at some point, bite her in her rich butt. In the mean time, she can hug and kiss her money instead of her grandkids.

Posted at 8:32AM on Jul 23rd 2008 by Karen

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