Madonna Plans to Raise Kids in New York

A source tells PEOPLE magazine Madonna plans to move back to New York City to raise kids after splitting up with Guy Ritchie.

Although Madonna has been staying at filmmaker and husband of 8 years, Guy Ritchie's, pad in London, don't expect her to stay there forever.

Sources say that the musician plans to return to New York after the conclusion of her World Tour. "Madonna is a New Yorker. She will probably want to raise the kids in New York," said a source close to the Michigan born singer.

Representative Liz Rosenberg said that the split between Madonna and Ritchie is final and told the Associated Press that the settlement has not been finalized. Madonna has houses in New York City, Los Angeles, London and in Wiltshire, England.

Why did the 50-year-old singer live in London to begin with? "In a marriage there are compromises. [Living in London] was one of them," said the source.

The move would not have a profound impact on her children -- Lourdes, 12, Rocco, 8, and David, 3 - whom are homeschooled.

According to another source, "The marriage faltered for a number of reasons, including the singer's 'spiritual, emotional and romantic' bond with New York Yankees power-hitter Alex Rodriguez."

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