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	<title>Observer &#187; Yankee Johnny Damon Can Console Self With Sale of Condo for $8 M.</title>
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		<title>Observer &#187; Yankee Johnny Damon Can Console Self With Sale of Condo for $8 M.</title>
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		<title>Yankee Johnny Damon Can Console Self With Sale of Condo for $8 M.</title>

		<comments>http://observer.com/2007/10/yankee-johnny-damon-can-console-self-with-sale-of-condo-for-8-m/#comments</comments>
		<pubDate>Tue, 09 Oct 2007 23:03:23 -0400</pubDate>
					<link>http://observer.com/2007/10/yankee-johnny-damon-can-console-self-with-sale-of-condo-for-8-m/</link>
			<dc:creator>Max Abelson</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/transfers-johnnydamon-2v.jpg?w=200&h=300" /><span style="letter-spacing: -0.1pt">On June 27, Joe Torre said that suffering through the Yankees’ losing streak felt like falling off a cliff. That day, <em>The New York Times</em> called the team’s summer slump “depths never experienced in Torre’s 12 years as manager.”</span>
<p class="text"><span style="letter-spacing: -0.1pt">But </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Johnny Damon</span></strong><span style="letter-spacing: -0.1pt">, fresh from visits to his Orlando chiropractor and dentist, was rejuvenated. On the 28th, he signed an </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">$8 million</span></strong><span style="letter-spacing: -0.1pt"> contract to sell his 2,410-square-foot, three-bedroom apartment on the 39th floor of </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">One Beacon Court</span></strong><span style="letter-spacing: -0.1pt">, the glittery 58th Street condo where Yank slugger Bobby Abreu and Beyoncé have apartments.<span>  </span></span></p>
<p class="text"><span style="letter-spacing: -0.1pt">According to records just filed with the city, he closed exactly three months later, the day that the Yankees lost the American League East Division for the first time in 10 years. (They got the wild card, which didn’t take them very far.)</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">His buyer, listed anonymously as a limited liability corporation, took out a $4 million mortgage. Despite Mr. Damon’s $52 million contract, city records show that he took out a mortgage also, for $3 million, when he bought the place last year.</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">According to a <em>Wall Street Journal</em> article written when the One Beacon apartment went to market this summer, Mr. Damon now has the hassle of hunting for a “house with a pool” in the suburbs. He’s leaving behind a 21-foot-long living room with floor-to-ceiling windows, in between a 27.5-foot gallery and a 14.5-foot dining room, according to the listing with </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Adam Modlin</span></strong><span style="letter-spacing: -0.1pt">, president of </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">the Modlin Group</span></strong><span style="letter-spacing: -0.1pt">. The broker, who also has worked for Alex Rodriguez, would not comment. </span></p>
<p class="text"><span style="letter-spacing: -0.1pt">Mr. Damon’s kitchen also comes with a little “breakfast area,” maybe stocked with the Wheaties boxes featuring Mr. Damon’s classic Red Sox squad.</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">The gossip Web site Big Time Listings reported on the sale Tuesday, pointing out that the lawyer for this deal happens to have represented one of Mr. Damon’s neighbors, Francisco D’Agostino.</span></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/transfers-johnnydamon-2v.jpg?w=200&h=300" /><span style="letter-spacing: -0.1pt">On June 27, Joe Torre said that suffering through the Yankees’ losing streak felt like falling off a cliff. That day, <em>The New York Times</em> called the team’s summer slump “depths never experienced in Torre’s 12 years as manager.”</span>
<p class="text"><span style="letter-spacing: -0.1pt">But </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Johnny Damon</span></strong><span style="letter-spacing: -0.1pt">, fresh from visits to his Orlando chiropractor and dentist, was rejuvenated. On the 28th, he signed an </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">$8 million</span></strong><span style="letter-spacing: -0.1pt"> contract to sell his 2,410-square-foot, three-bedroom apartment on the 39th floor of </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">One Beacon Court</span></strong><span style="letter-spacing: -0.1pt">, the glittery 58th Street condo where Yank slugger Bobby Abreu and Beyoncé have apartments.<span>  </span></span></p>
<p class="text"><span style="letter-spacing: -0.1pt">According to records just filed with the city, he closed exactly three months later, the day that the Yankees lost the American League East Division for the first time in 10 years. (They got the wild card, which didn’t take them very far.)</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">His buyer, listed anonymously as a limited liability corporation, took out a $4 million mortgage. Despite Mr. Damon’s $52 million contract, city records show that he took out a mortgage also, for $3 million, when he bought the place last year.</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">According to a <em>Wall Street Journal</em> article written when the One Beacon apartment went to market this summer, Mr. Damon now has the hassle of hunting for a “house with a pool” in the suburbs. He’s leaving behind a 21-foot-long living room with floor-to-ceiling windows, in between a 27.5-foot gallery and a 14.5-foot dining room, according to the listing with </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">Adam Modlin</span></strong><span style="letter-spacing: -0.1pt">, president of </span><strong><span style="letter-spacing: -0.1pt;font-family: 'Exchange Text Bold'">the Modlin Group</span></strong><span style="letter-spacing: -0.1pt">. The broker, who also has worked for Alex Rodriguez, would not comment. </span></p>
<p class="text"><span style="letter-spacing: -0.1pt">Mr. Damon’s kitchen also comes with a little “breakfast area,” maybe stocked with the Wheaties boxes featuring Mr. Damon’s classic Red Sox squad.</span></p>
<p class="text"><span style="letter-spacing: -0.1pt">The gossip Web site Big Time Listings reported on the sale Tuesday, pointing out that the lawyer for this deal happens to have represented one of Mr. Damon’s neighbors, Francisco D’Agostino.</span></p>
]]></content:encoded>
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