A Rod in negotiations to buy a townhouse on Madison?
Posted: Fri Oct 12, 2007 12:18 pm
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.
Well between this & him trying to buy that big ass mansion in CT, it seems like A Rod is expecting to stay in NY. Obviously, this isn't a huge story but hey, its the offseason & we can all speculate.