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Rosie O’Donnell’s NJ home to be demolished, turned into affordable housing

After years of not being able to find a buyer for her Saddle River mansion, Rosie O’Donnell finally caved and sold her home at a loss, The Post has learned.

But the home’s next residents are already causing a stir in the tony neighborhood, home to the rich and famous, from rapper Ja Rule to singer Mary J. Blige.

The six-bedroom, nine-bathroom abode is expected to be demolished and turned into a series of affordable housing units per a landmark public court settlement with Fair Share Housing Center.

But the agreement has left its upscale residents outraged.

According to an unnamed source who lives in the area and was familiar with the proceedings, the borough had plans to comply with the affordable housing requirements in Saddle River. The requirements usually include sites that are 100% affordable.

However, in this case, local developers Saddle River Investors intervened, court docs show.

And their intervention only “added insult to injury,” the source said.

As part of a fair housing court settlement between the borough of Saddle River and the Fair Share Housing Center of NJ, the 5-acre lot that belonged to O’Donnell will be converted into 60 units — of which only 20% will be used for affordable housing.

Essentially, the source said, “the developer plans to segregate the units, instead of integrating them with the high density multi-family housing.” While there is no legal requirement that the units be integrated, residents say the current plan doesn’t sit well with them. Saddle River Investors has declined to comment on the matter.

The insider explained that of the 60 units in the plan, “only eight are set for low and moderate income and the developer will stick the eight units in the back corner of the property instead of integrating, so everyone will know these are the homes saved for the poor.”

The controversy calls to mind similar issues over affordable housing, such as the so-called “poor door” at the upscale Lincoln Square Tower in Manhattan.

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by Anonymousreply 15Last Thursday at 4:50 PM

It’s not a pretty house anyway.

by Anonymousreply 1Last Thursday at 2:42 AM

Affordable housing in Saddle River?

by Anonymousreply 2Last Thursday at 2:44 AM

Is it located in a decent neighborhood? A low crime, great transport, clean neighborhood with enough entertainment would be worth it to buy this not so impressive house to retire in.

by Anonymousreply 3Last Thursday at 3:14 AM

She looks like Matt Gaetz after 10 years in prison.

by Anonymousreply 4Last Thursday at 3:20 AM

It’s nothing especially notable, but I’m privy to a little drama happening in a luxury building that has a small number of “affordable” units. A resident who seems to have no apparent means of income and self-admitted mental health issues has manufactured a grievance against management. You can guess. They are now being urged on SM to “sue them out of existence!” They are organizing protests and an ambitious campaign against a slew of public and private individuals.

This could be interesting.

by Anonymousreply 5Last Thursday at 7:23 AM

Did she sell all of her houses in Nyack? I think she had bought almost every house on an entire street.

by Anonymousreply 6Last Thursday at 7:51 AM

Its going to be cursed, like building over an Indian burial site.

by Anonymousreply 7Last Thursday at 7:56 AM

NIMBY

Rosie may turn out to have made a good financial decision to sell at a loss since everyone else is now going to sell and the neighborhood will be impaired.

by Anonymousreply 8Last Thursday at 8:00 AM

[quote]The insider explained that of the 60 units in the plan, “only eight are set for low and moderate income and the developer will stick the eight units in the back corner of the property instead of integrating, so everyone will know these are the homes saved for the poor.”

Jesus.

by Anonymousreply 9Last Thursday at 8:02 AM

I still can’t believe her phenomenal success. What a country!

by Anonymousreply 10Last Thursday at 8:11 AM

Hell yes! Eat my working class dick, NIMBY cunts.

by Anonymousreply 11Last Thursday at 8:33 AM

Nothing good comes of these well-intentioned plans for a certain percentage of affordable units.

The people who are aware of their availability are professional grifters who are out to milk the system. They have chips on their shoulders and the numbers of ACLU and “grassroots activists” on their speed dial. They are not grateful for a nice place to live. They have grudges against the gentrifiers.

by Anonymousreply 12Last Thursday at 1:37 PM

In Manhattan when low-income apartments were created in luxury buildings, those tenants had to us a separate entrance, The New York Post cover story called it "The Poor Door." and they weren't allowed to use fitness centers;.

by Anonymousreply 13Last Thursday at 2:25 PM

The Biden ultimatum: President tells towns and cities he will hand over $5 billion to help fix roads and bridges IF they build more affordable housing

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by Anonymousreply 14Last Thursday at 2:34 PM

Rosie should be demolished and turned into affordable housing while they're at it, too.

by Anonymousreply 15Last Thursday at 4:50 PM
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