New York, NY – Reality television stars Sonja Morgan and Kim Zolciak have recently made headlines for their real estate troubles, shedding light on the challenges faced by some Bravo celebrities. Sonja Morgan, known for her role on “Real Housewives of New York,” finally sold her prized Upper East Side townhouse through an auction after more than a decade on the market. The long-awaited sale comes following a bitter divorce from J.P. Morgan heir John Morgan.
Morgan’s five-bedroom, five-bathroom townhouse, initially listed in 2013 for $9.5 million, has been featured in multiple episodes of “RHONY.” Despite its luxurious amenities including a landscaped garden with a fountain and koi pond, the property struggled to attract buyers. Over the years, Morgan adjusted the price multiple times, eventually dropping it to $7.2 million in 2015. Last year, after renovations, she relisted the home for $8.75 million, later reducing the asking price to $7.5 million before finally selling it for $4.45 million through an online auction with Concierge Auctions.
Meanwhile, former “Real Housewives of Atlanta” star Kim Zolciak is facing her own real estate woes as the foreclosure of her Atlanta mansion looms. Court documents revealed that a Fulton County judge has intentions to start a non-judicial foreclosure process on or after May 3, 2024, for the couple’s 15,000-square-foot estate. The mansion, valued at $6 million, boasts seven bedrooms, 11 bathrooms, a fitness room, wine cellar, and game room, among other amenities.
Zolciak and her ex-husband Kroy Biermann have been entangled in a bitter divorce battle since last year. The couple, who first filed for divorce in May 2023 before withdrawing their petitions and re-filing, have faced financial challenges, including owing over $1 million in unpaid taxes to the IRS. Reports indicate that their Georgia mansion nearly faced foreclosure and was set for a public auction due to loan defaults.
Additionally, Teresa Giudice, a star on “Real Housewives of New Jersey,” has dealt with her own real estate turmoil. Amid a federal bankruptcy and mortgage fraud case with her ex-husband Joe Giudice, the couple foreclosed on two homes, including a three-bedroom property in Lincoln Park that was sold back to lenders for $100 after failing to attract bids. The reality stars owed over $220,000 on the property at the time of the sale, highlighting their financial struggles during that period.
Teresa and Joe’s legal issues led to their imprisonment for fraud offenses, with Teresa serving one year in prison and Joe serving 41 months before facing deportation to Italy in 2019. Their foreclosed properties were part of the fallout from their fraudulent bankruptcy filing, underscoring the challenges faced by reality TV personalities when managing their finances.