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July 23, 2007
The New York Post
Spending His A-Wad: Alex's Estate Hunt Tips Yankee Plans
By: Dan Mangan
Maybe we can call him "Stay-Rod" now.
Yankee superstar Alex Rodriguez is eyeing a stunning new $25 million
estate in Greenwich, Conn. - strongly suggesting he plans on remaining
with the Bronx Bombers beyond this season, The Post has learned.
The Lake Carrington Estate is a sprawling 9-acre lakefront property
dominated by a Georgian-style stone mansion spanning 35,000 square
feet.
Inside are seven bedrooms, 17 bathrooms, nine fire places, a 45-foot-long
indoor lap pool, a basketball court, a 20,000-bottle wine cellar
and a 20-seat home theater. Outside are three other buildings, including
a fishing and ice-skating hut.
And it would cost Rodriguez, who now lives on Park Avenue, an
extra $5 million to finish the mansion's interior, which for now
is just framed out.
Rodriguez's interest in the property comes as the Yankees have
indicated they want to negotiate a new contract to avoid letting
A-Rod become a free agent in November, when he can exercise an opt-out
clause on the remaining three years of his existing contract.
A new contract could keep the all-star third baseman in pinstripes
for the remainder of his career - and pay him more than $30 million
annually.
Although the Bombers brass is anxious to cut that deal soon, Rodriguez
has said he will not negotiate before the end of the current baseball
season.
But in addition to the Greenwich mansion, Rodriguez, 31, also
has checked out a Manhattan townhouse for possible purchase, indicating
he expects such a deal with the Yankees to happen. It also suggests
that he plans on staying together with his wife, Cynthia, despite
revelations in late May that he was traveling across the continent
with a busty, blond stripper named Joslyn Noel Morse.
"This could be A-Rod's 'Kobe Bryant moment,' " said
one source, referring to the Los Angeles Lakers star's purchase
of a $4 million diamond ring for his wife right after being hit
with rape charges that later were dropped.
Just off of exclusive Round Hill Road in northern Greenwich, the
Lake Carrington Estate and its mansion is being developed by locally
based Antares Investment Partners on spec - without a buyer in place.
"Rodriguez's representative has looked at the property in
the last few weeks," a source familiar with the situation told
The Post.
That representative is Lynn Cone - the real-estate-broker wife
of former Yankees and Mets pitcher David Cone, sources confirmed.
Lynn Cone could not be reached for comment, and A-Rod's sports agent,
Scott Boras, did not return a call seeking comment.
Rodriguez, his wife, Cynthia, 34, and Lynn Cone recently dined
at Polpo Restaurant & Saloon in Greenwich - one of several restaurants
in town whose Backers include Antares Investment Partners.
Antares controls $5 billion worth of mostly commercial real estate
in the tri-state area, but has a relatively small mansion-development
unit with projects geared to appeal to the hedge-fund wizards who
dominate Greenwich's business landscape, as well as to wealthy celebrities.
Joseph Beninati, who runs Antares with his partner, James Cabrera,
refused to confirm that A-Rod is interested in the Lake Carrington
Estate.
But speaking generally, Beninati said, "There really isn't
an estate in the United States like this that's been available before."
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