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A-Rod hurt by housing crash

Yankee slugger slashes $2 million from the asking price of his mansion
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Like New York Yankees’ fans, the real estate market hasn’t been kind to Alex Rodriguez. The star third baseman has dropped the price of his 8,300-square-foot mansion in Miami from $14.9-million to $12.3-million after watching sit on the market since the fall. The new price is only a hair more than the $12-million Rodriguez and his now-estranged wife Cynthia paid for the place in 2004. A-Rod has also had to chop $4-million off the asking price of his Manhattan apartment-it’s now going for a bargain-basement price of $10-million.

The Wall Street Journal

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