Chop, Chop! Artist, Baseballer Slash Prices in Grave New World

It’s been eight months since the collapse of the global financial system sent tiptop New York real estate diving into a deep freeze, and around eight weeks since bright-eyed uptown brokers began wondering aloud about a thaw.

But even as the city’s annual summertime hibernation creeps closer, there are barely any signs the gloom will Read More

The Yankees May Have Blown It With Pettitte and Abreu

While much of the media focus has been on New York’s pursuit of C.C. Sabathia, the Yankees took the unusual step this week of not offering arbitration to both Bobby Abreu, last season’s starting right fielder, and starting pitcher Andy Pettitte.

The choice potentially weakens New York in two ways. First, should Abreu and Pettitte Read More

Yankee Slugger Bobby Abreu Asking $7.9 M. for Beacon Court Condo

Is slugger Bobby Abreu copying fellow Yankee outfielder Johnny Damon’s real estate moves?

Last year, Mr. Damon sold off his 39th-floor apartment at One Beacon Court, the celebrity-friendly glass condo on East 58th Street, for $8 million. Two floors down at One Beacon, Mr. Abreu might have felt lonely without the pinstriped company. He Read More

Is Bobby Abreu Heading to New York?

Today, the New York Post reports that both the Mets and Yankees are interested in acquiring Philies slugger Bobby Abreu. But would the all-star outfielder move to Manhattan full-time?

Well, in May 2005, The Observer broke the news that Mr. Abreu had purchased a $3.9 million pied-a-terre at One Beacon Court Read More