The New York Mets’ shortstop is making a play for an Upper East Side pad.
Francisco Lindor signed a contract to purchase a penthouse at EJS Group’s at 200 East 75th Street for roughly $20 million, sources familiar with the deal told the Wall Street Journal, which first reported the news.
The apartment, which last asked just under $23 million, spans 5,000 square feet and has six bedrooms, multiple terraces and 11-foot ceilings. The Journal did not include the unit number, but the outlet’s description matches a listing for PH5.
Sales at the building launched in March, with Compass’ new development marketing arm, led by top broker Alexa Lambert, Susan Wires and Marc Achilles, at the helm.
About half of its 36 units have found buyers. Construction at the 18-story condominium is expected to be completed next year. Its planned amenities include an outdoor fireplace, movie theater and virtual sports room.
“We decided to lean into New York City at a time when many others were leaning out,” EJS’ founder Ted Segal told the Journal. “It’s very gratifying to see how the market’s responding to the vision we had for the project.”
Segal declined to comment on the specifics of the deal.
EJS assembled the land for its development in 2021 for a combined $32 million. The building and its neighbor, a 33-story project by the Elad Group, are enveloping a century-old walkup, as the four-story apartment building holds on to its Third Avenue spot through a network of tenant protections and zoning rules.
The developer was funding the early stages of construction out of pocket until it scored roughly $112 million in financing from Bank OZK last year.
Lindor joined the Mets in 2021, after more than five years with the Cleveland Guardians, previously known as the Indians. He signed a 10-year contract worth $341 million, which at the time made him the highest-paid player in the team’s history.
The 31-year-old baseball star was eclipsed by a fellow New York star on Sunday when the franchise agreed to what ESPN billed as the “largest deal in professional sports history. “
The Mets, owned by billionaire Steve Cohen, signed outfielder Juan Soto to a 15-year, $765 million contract. The star, who’s joining from the New York Yankees off a World Series run, was reportedly offered a $760 million contract to stay with the Bronx Bombers.
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Lindor, who was born in Puerto Rico, also has a home outside of Orlando, Florida, which he purchased for $2.9 million in 2021.
Lindor could not be reached by the publication for comment. He was represented in the deal by Douglas Elliman’s Dan Benichou.
— Sheridan Wall