$40 million Love Shack for A-Rod?

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by StockJockey
Monday, October 15, 2007 - 3:29 pm

The drama over Joe Torre’s fate with the Yankees should be soon decided by the new braintrust running the Yankees, but what will A-Rod do?

The New York Post is reporting than A-Rod has been checking out a townhouse on East 80th between Fifth and Madison, a lovely block fersure.

Alex Rodriguez might not yet know his fate as a Yankee. But if there’s a hint of his possible future as a pinstriper, it’s on East 80th Street.

According to our sources, A-Rod has been involved in negotiations not only with Yankees management, but also with the owner of a stately renovated seven-bedroom townhouse on the block between Madison and Fifth avenues. But the home has no official sales listing.

“The price being bandied about is somewhere between $39 million and $41 million,” according to an insider who says a contract has been drawn up but not inked. “Nothing is going to be signed, if at all, until [Rodriguez] is aware of his fate.”

The All-Star Yankees third baseman is expected to know whether he stays or goes by mid-November.

With word that his wife, Cynthia, is pregnant, and that nannies and in-laws are sure to soon be arriving, the ‘07 home-run champ is looking for something more spacious than his three-bedroom pad at Trump Park Avenue.

Rodriguez and his wife have also been spending time at a home they’ve been renting in Rye, to test the suburban waters.

“The Rodriguez family is not in the market for a New York home at this time,” insists A-Rod’s broker, Adam Modlin of the Modlin Group.

A-Rod probably should not be checking out NYC real estate while he is looking for a new deal for the Yankees. Maybe checking out open houses in Wrigleyville is a better idea.

Great season for A-Rod, but again no World Series ring.

STAY-ROD?
New York Post

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