One-time Yankees third baseman and all-star Alex Rodriquez says he has purchased a 21-unit rental tower in Manhattan’s East Village.
By: Devin Marcus
According to the New York Post, Rodriguez teamed up with New York City real estate developer Barbara Corcoran. She was one of the driving forces behind a major Manhattan brokerage. She is best known today for being part of Shark Tank on ABC.
“While this marks his first major real estate play in his adopted hometown, he’s been dabbling in the Miami market for some time,” the Post reported. “The celebrity duo plans to aggressively build up a portfolio of multifamily buildings across the city. They declined to share the address of their first joint buy, which has retail at its base, but say it is already generating “immediate returns.”
“Our first investment was a sweetheart deal, and we jumped at it,“ Corcoran told the newspaper. “It took almost six months to negotiate, but Alex is incredible with this stuff. I thought he just hit balls, but he runs numbers.”
“Rodriguez is a businessman through and through,” Corcoran told the Post. “He’s got a big ego. I thought I had and ego, but I look like a mini-me next to him in the ego department. So I let him decide whether it’s a good building, even though before I show it to him I already know it’s great. I let him decide it’s his decision.”
Not all of the publicity that A-Rod has been getting of late has been flattering. A minor stir occurred when a photograph of him sitting on the toilet in his Manhattan home surfaced on social media.
Inquisitr.com reported that Rodriguez’s representatives “believed at the time that the photo was taken by someone working for a hedge fund with offices in the building across the street- and the former ballplayer has also threatened to sue. The photo had made the rounds of media and finance circles in New York in early May, before eventually appearing on Twitter.”
Page Six had fun with the story, chuckling that Rodriguez was “caught with his pants down on the throne by a photographer who was privy to a clear view.”
The one-time slugger got some more positive PR recently when cheatsheet.com reported that he and pop star Jennifer Lopez “only started dating in 2017, but when you know, you know. The two have quickly become one of today’s biggest power couples, and in February 2019, Rodriguez proposed to the singer and actress. The two have taken their time wedding planning, but Rodriguez recently revealed that he thinks the fall would be the perfect time to tie the knot.”