Donald Trump clearly didn’t want to talk about why he is not becoming the proud owner of Ed McMahon’s mansion, at least not outside STK last night.
[see video]
Last night, Donald canceled his appearance on Larry King’s show, after stories surfaced that another buyer is purchasing Ed’s home, which was on the brink of foreclosure. Last week Trump said he’d buy the house and let Ed live in it for life.
Now Donald says someone came in and outbid him, but here’s the deal … the guy who’s buying it is moving in, so where will poor Ed go? Why couldn’t Donald up the ante? Was this all for publicity?
source: Donald: Let Them Eat Steak [tmz]
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Make My Diet linked with Morning News Bits
Donald Trump will soon be Ed McMahon’s landlord.
Trump announced Thursday he would save the television personality’s Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon.
The developer told the Los Angeles Times he doesn’t know McMahon personally, but acted out of compassion because helping out “would be an honor.”
McMahon, 85, who was Johnny Carson’s sidekick on the “Tonight” show for three decades, has not worked for about 18 months because of a neck injury. He defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp.
McMahon’s spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was “very optimistic” the deal would go through.
“When I was at the Wharton School of Business I’d watch him every night,” Trump told the Times. “How could this happen?”
McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend — down from a peak price of $7 million.
I was totally waiting for SOMEONE to help McMahon. It saddened me that somebody as iconic as McMahon was even facing foreclosure — I’m surprised that somebody didn’t step up to the plate sooner.
Yes, “the Donald” is probably doing this for personal reasons, like say…publicity or to make a buck — but at least Ed will benefit as a result.
source: Donald Trump to buy Ed McMahon’s house [la times]