A-Rod not the best landlord aroundBy
We haven’t spoken about our favorite third baseman in a while. And as the Yankees and A-Rod wrap up their contract negotiations, let’s check in on how New York’s favorite son is doing.
Selena Roberts, soon to depart The Times, checks in on A-Rod’s properties in Florida. He is not a very good landlord, she finds. In 2004, A-Rod, flush with cash and arriving in New York, decided to he wanted to invest. So he spent $58.7 million for properties in Tampa that, while aren’t slums, are not in much better shape.
Today, those properties are worth just – just – $46.3 million, and residents are none too impressed with the A-Rod management company:
A-Rod is the face on their leaky faucets, and yet his name isn’t in the welcome kit. Rodriguez’s brother-in-law, Constantine Scurtis, is the company manager — the one whose signature is on nearly $50 million in mortgages for properties in Tampa, according to records — but some of the cashiers and cooks who live at places like Newport Riverside know who holds their house keys.
To them, he isn’t A-Rod, a regular-season crackerjack on the verge of a Yankees deal potentially worth $300 million. To them, he is Tight-Rod, an apartment tycoon, who, renters say, has jacked late fees to $100 from $50 on units that run around $600 a month.
“He’s got everything, so why take money off our backs?” ” said Roberto Santiago, standing next to his neighbor, Ruiz.
Throughout the rest of the article, Roberts looks at A-Rod’s philanthropy and notes how he doesn’t stack up too well with Derek Jeter and Tiger Woods. His donations are meager based on his salary, and his big-ticket items have resulted in scholarships and stadiums named after him at the University of Miami. Whether you want to consider Roberts’ piece a hack job looking to tear down A-Rod or an honest assessment of an absentee landlord, it’s not a very flattering look at the future Hall of Famer.