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March 16, 2008

Abreu Selling New York Condo

Via Luxist.com -

Yankees player Bobby Abreu has listed [his] two-bedroom condo at One Beacon for $7.9 million. The spare and bare apartment, shown [here], is listed here.

Martin Feldstein thinks this is a bad time to be selling Bobby.

Posted by Steve Lombardi at March 16, 2008 09:21 AM

Comments

If he is smart, he would price it aggressively to make a quick sale rather than ride the market to the bottom.

If he is indeed leaving New York after this season, it would be wise to sell now before it gets worse.

If he is planning on staying in New York, it would probably make more sense to hold onto it.

Posted by: ChrisXS [TypeKey Profile Page] at March 17, 2008 12:12 AM