Who cares about a recession leaking into depression? Certainly nobody who can afford to look at Manny’s condo that he recently put up for sale in Boston for $8.5 million. The condo is 4421 square feet with four bedrooms, five and a half bathrooms and three valet parking spaces. Oh yeah, and if you can afford the mortgage, you aren’t done there. The monthly condo fee is $5718. That’s right folks. Monthly fee. Just to let you know, that is $68,616 per year not including property taxes or the inevitable Christmas tips that must be handed out to residential staff.
This is certainly a long far trip from the guy who used to stash his paychecks in his glove box when he was up and coming in Cleveland. (Thanks Jeff Moorad!) And try to imagine what kind of real estate Manny would have lived in in the Cleveland area. These rich types of options aren’t even available as far as I know as far as residences at the Ritz. But let’s put it in perspective anyway.
Rather than spend all that money in Boston, Manny could have lived like a real king in Cleveland with a palace. In Cleveland Manny could have had a beautiful mansion in Hunting Valley for $7.5 million. This is the most expensive thing I could find on the market in Cleveland. It features over 13,000 square feet of plush living. That’s three times the space of Manny’s teeny little Boston condo. Oh yeah, and this property features almost six acres, a pool, hot tub, saltwater aquarium, two-bed guest apartment with kitchen and separate entrance, and a 2500 square foot second story pool house with two and a half bathrooms and a custom cinema room. In addition this home has “full home automation.” I don’t know what that is, but I am guessing that the Boston condo doesn’t have it.
Then again, on the heels of signing a two-year $45 million deal with the Dodgers, I don’t think Manny is too concerned with value in his real estate.