Posted on 06/09/2011 9:29:39 AM PDT by SanFranDan
FULL TITLE: Katie Couric shows off the lavish Hamptons house where she will go to relax when she becomes talk show host
After this week announcing plans to become a daytime talk show host, Katie Couric has opened the doors of the home where she will be going to relax at the weekends.
The 54-year-old, who on Monday was revealed as ABCs replacement for Oprah, showed off her seven bedroom country retreat in the Hamptons.
I decided that Im really a beach person and would go to a house in the Hamptons much more often, especially since I have lots of great friends there, said Miss Couric who already owned a country house in Millbrook New York.
I wanted something casual and relaxedsomething without a lot of trees. I didnt want to be deep in the woods, she told Hamptons Cottages and Gardens magazine in an article by Andrea Hope Smith.
The former Today Show host paid $6.3 million for the two-storey home in East Hampton, New York.
She said she fell in love with it immediately. The rooms were spacious and had lots of sun, and as soon as I walked in I could picture my family being there, she said.
Its proximity to town was convenient for my daughters, and it was close enough to the ocean, on a pretty street that wasnt very busy. It met all the requirements. I love doing all the typical things in the Hamptons, like making dinner with friends, she added. The minute I walk in the door here, Im able to exhale in a way that I can never quite do in the city.
During the week, Katie Couric and her two daughters, Ellie and Carrie, live in an apartment worth a reported $3.2 million on Manhattan's Park Avenue.
(Excerpt) Read more at dailymail.co.uk ...
Obviously, a rhetorical question.
I don’t know the Hamptons. But if you decide you’re “a beach person” and you have money, why are you 5 blocks away from the water?
Having said that, I’m all in favor of the pool and tennis court!
You just got an "F" in Economics 101. Real property (and any other commodity) is worth what a willing buyer pays to a willing seller in an arm's length transaction. Couric paid $6+ million for the house and therefore, the fair market value for the house is $6+ million.
Perky Katie is trying to show she is still relevant in todays market. Four years ago she tried to destroy Palin with badgering and unflattering editing. While her star has fallen, Palins star is rising it must eat her up. Rush was kidding that we know where Sarah is on her bus but Katie is unemployed. She even got a story in the New York Times about secretly all the big networks were bidding for her, I guess thats why CBS fought so hard to keep her destroying their news view ship.
Palin buys a big house in Scottsdale and Katie has to show how she has a nice house too. Look at me I am important too. By the way she bought it in 2006 for 6.3 million whats it worth today, 3.3 million?
But many of the über-wealthy society types who infest the Hamptons have competitively bid the prices of those houses to astronomical levels relative to what they might fetch in most of the country, where home prices are still falling. I suspect the economy will catch up with them too in time, especially given our current course.
"Very few women anchors combine the skills and maturity necessary to make it at the highest levels with the ability to stay young-looking while being a committed liberal.
I happened to find that sarcastic. Maybe I was wrong.
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