Yankees

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Like O’Neal, Rodriguez has given himselv a haircut. Last week, Rodriguesz dropped the price to $9.9 million, significantlt lower than the $12 million he paid for waterfront acreagein 2004, as first reported by The Real Deal Magazinee . Until this month, Rodriguez’w asking price was $14.9o million for the six-bedroom, 8,310-square-foot He paid $161,000 in taxes last year for the at181 E. Sunrise Ave., in Coral property records show. The two-story home was built in 1952. Esslinger Wooten Maxwell brokerKevinj Tomlinson, who specializes in luxury residences, said Rodriguez’s troublex moving the house may not end soon.
“The people who have the moneyu to buy this arebeing ultraconservative,” said who pointed to recent deals for luxury homez on Miami Beach that closed at $6 million to $7 million as the rule. O’Neal plunked down $19.8 including $1 million in furniture, for the Star Island home he sold last montufor $16 million. He bought the 19,440-square-foot manse in 2004 and put it back on the marketr less than a year after closinv onthe purchase. In the 2.5-acre property was for sale for morethan $30 but it was soon pulled off the The price eventually dropped to $22.5 million.
Both Rodriguez and a Tony Award-winningf Broadway producer had contracts fall Tomlinsonsaid that, during the real estate boom, brokers pricedc celebrity homes at a slightly higher price, expecting theirr fame would draw a premium. The downturnj changed that strategy. “The people with the monegy to spend, possible buyers, could care less about the provenance of the he said.