It’s a grand slam for Richard “Sandy” Alderson and wife Linda, as the new Mets general manager has bought a four-bedroom, four-bathroom penthouse at the Georgica. And showing yet again he is just the kind of tough-minded leader the beleagured baseball team needs, Mr. Alderson managed to negotiate the price of their new home at 305 East 85th Street down 20 percent, according to StreetEasy, to $4.2 million from a 2008 asking price of $5.25 million.
The building was designed by Cetra/Ruddy, a
firm best known for the leaning tower of Madison Square Park. Yet where the slender One Madison is built more like spry third baseman David Wright, the Georgica looms over the corner like former slugger Mo Vaughn. Built on an L-shaped lot, the 21-story building overhangs its brick tenement neighbors, with window bays and cantilevers poking out of the facade as if by dint of performance-enhancing drugs.
“With distinctive contemporary interiors, ceiling heights of nine, 10 and 11 feet, Georgica provides design flexibility that suits many preferences and lifestyles,” the Corcoran listing announces. One of only two penthouses atop the building, the Aldersons’ new home has a 30-foot living room with western and southern views and an adjoining balcony. There is a common lounge on the roof directly above the unit as well as children and adult lounges and a full-service fitness center–in case Mr.
Alderson tires of working out at work.
This is actually not the first home the Aldersons have had in the city, as they bought and combined three apartments on the 30th floor of The Sterling Plaza in 1999, according to city records. This was after Mr. Alderson’s first managing job, with the Oakland A’s but before he departed once again for California to lead the San Diego Padres. During this span, Mr. Alderson worked for the commissioner’s office, and Ms. Alderson recalled the time fondly to the Daily News in an October article:
He had an eight-minute commute, including elevator rides. I loved it because I could walk everywhere from there. We could walk to Broadway, I went to Rockefeller Center, watched the ‘Today’ show a number of times. We probably will look first to live in the city, because we had such a great time here before.”
Coincidentally, Sterling Plaza, located at 255 East 49th Street, was developed by none other than Mets owner Fred Wilpon in the 1980s. City records do not indicate how much the couple paid for the swooping three-bedroom, three-balcony apartment they created from three one-bedrooms located on two sides of the building, though records do show a $1 million mortgage taken out on the propety.
In 2005, the Alderson sold the spread for $2.75 million, the kind of turn-around Mr. Wilpon would love to see with his embattled franchise.