Andy Cohen is setting the record straight on a casting rumor surrounding the newest addition to the Real Housewives franchise, The Real Housewives of Rhode Island.

In an exclusive chat with PEOPLE, Cohen addressed speculation that the latest addition to the Real Housewives franchise will feature a cast member from another show. "I think that's been a little overstated," the Bravo host said. However, he noted that he's open to the idea, adding, "It's really about who's in Rhode Island."

Cohen also teased what fans can expect from the new series, saying it's "Italian with a capital I" and will give fans "early Jersey vibes," referring to The Real Housewives of New Jersey.

The Real Housewives of Rhode Island: What to Expect

Bravo announced The Real Housewives of Rhode Island earlier this month, describing the series as being about "a tight-knit circle of Rhode Islanders who have deep community roots and families that go back generations."

"With aspirational lives, thriving businesses, and tangled family dynamics, these long friendships prove that in a small state, there's no escaping your past… or each other," the logline read.

Other new shows announced at the time included Ladies of London, which originally aired for three seasons between 2014 and 2017; The Valley: Persian Style, which features Reza Farahan, Golnesa "GG" Gharachedaghi, and Mercedes "MJ" Javid from Shahs of Sunset; and Wife Swap: The Real Housewives Edition.

The Real Housewives of New York City: What's Next?

Cohen also clarified the status of The Real Housewives of New York City, which wrapped its 15th season in February and has yet to be given a return date.

"There's no real latest. We're still… We're just in between seasons," he told PEOPLE. "We're always casting, and we have some great possibilities. That's the latest."

When asked if there's still juice in that Real Housewives property, Cohen replied, "Of course, it's New York."

For more exclusive celebrity news, check out Jen Affleck Claims Demi Engemann Sent Her a Cease and Desist in Heated Confrontation.

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Stay tuned for more updates on The Real Housewives of Rhode Island and The Real Housewives of New York City!