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Friday, December 07, 2007

N.Y. Times: Roberts: A-Rod’s Properties and Charity Suggest Some Stinginess (RR)

Well...at least a former Met is also involved.

A-Rod isn’t exactly a slumlord — some renters interviewed at his other properties had milder complaints — but he has become a landlord caricature among dwellers who hold him accountable for, say, the stack of molding mattresses by the dumpster at Newport Villas on MacDill Avenue.

A-Rod is the face on their leaky faucets, and yet his name isn’t in the welcome kit. Rodriguez’s brother-in-law, Constantine Scurtis, is the company manager — the one whose signature is on nearly $50 million in mortgages for properties in Tampa, according to records — but some of the cashiers and cooks who live at places like Newport Riverside know who holds their house keys.

To them, he isn’t A-Rod, a regular-season crackerjack on the verge of a Yankees deal potentially worth $300 million. To them, he is Tight-Rod, an apartment tycoon, who, renters say, has jacked late fees to $100 from $50 on units that run around $600 a month.

“He’s got everything, so why take money off our backs?” ” said Roberto Santiago, standing next to his neighbor, Ruiz.

Repoz Posted: December 07, 2007 at 02:14 AM | 18 comment(s)
  Related News: GeneralSpecial TopicsNY Yankees

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   1. SouthSideRyan Posted: December 07, 2007 at 03:24 AM (#2637767)
"He's got a ton of money, so why not let me be a freeloader?
   2. Gambling Rent Czar Posted: December 07, 2007 at 03:32 AM (#2637772)
he hasn't signed yet, right?
   3. Gambling Rent Czar Posted: December 07, 2007 at 03:34 AM (#2637774)
Why is Arod even investing in crappy housing ..
wow.
he needs a better financial adviser for sure.
   4. Esoteric can feel Strasburg slowly slipping away Posted: December 07, 2007 at 06:35 AM (#2637827)
A-Rod the slumlord? You gotta love how the NY media keeps finding things to hit him with.
   5. AWT Posted: December 07, 2007 at 08:07 AM (#2637835)
"Dear A-Rod, Welcome back to New York! Love, The New York Times." I love how they mixed in the jab about Jeter, too.
   6. Craig Calcaterra Posted: December 07, 2007 at 08:19 AM (#2637838)
And it was even a terrible jab. Basically "Jeter is a great philanthropist because his foundation has given away $2M in nine years. A-Rod is the devil because his foundation has given less even though he has personally given away $4M to a scholarship fund and built a practice facility at the University of Miami."

Really, the article itself presents A-Rod giving far more than 2x what Jeter has given and concludes that A-Rod is the cheapskate.

While Jeter may very well have given more than A-Rod in other ways, Roberts doesn't report it, rendering even the twisted and jaded internal logic of her own story nonsensical.
   7. PooNani Posted: December 07, 2007 at 08:26 AM (#2637840)
Selena Roberts.
   8. Steve Parris, Je t'aime (M. Valentin) Posted: December 07, 2007 at 08:39 AM (#2637843)
Why is Arod even investing in crappy housing ..wow. he needs a better financial adviser for sure.

Seriously. Even if it works financially, it's a potential PR disaster.
   9. shoewizard Posted: December 07, 2007 at 08:45 AM (#2637844)
Why, with so many investment options, would A-Rod put himself in the unwinnable position of profiting off struggling families?

This is the first thing I thought when I started reading the article. (And the only objective comment made in the article) It just doesn't make sense. Managing low income housing is a major pain in the ass. It may not sound nice, but it's true. Unless he intended to actually try to help people by providing better services, maintenance, and more lenient policies than the industry norms, he truly is in a no win situation.
   10. pkb33 Posted: December 07, 2007 at 10:22 AM (#2637892)
Really, the article itself presents A-Rod giving far more than 2x what Jeter has given and concludes that A-Rod is the cheapskate.

Yeah, it's really bizarre...didn't someone in the editorial office ask this along the way? I mean, I enjoy ripping on ARod at least as much as the next person but at some point we have to do a reality check on it.

So let's focus on his smarmy Game 4 announcement instead!
   11. villainx Posted: December 07, 2007 at 12:22 PM (#2638017)
Why, with so many investment options, would A-Rod put himself in the unwinnable position of profiting off struggling families?

Oh, I can see it spun that he's improving affordable housing, making sure people get a decent place to live, etc., while also making money. You know, win win. But it's largely how you spin it.

I mean, the article ain't complaining about the housing projects being slums or ill kept, just people complain about late fees. Ok, don't be late with the rent?
   12. Crispix Attacks Posted: December 07, 2007 at 12:25 PM (#2638023)
"He's got a ton of money, so why not let me be a freeloader?

Your generous and charitable spirit is more timely than ever in this Christmas season.
   13. aleskel Posted: December 07, 2007 at 12:25 PM (#2638024)
the article mentions that the company manager is ARod's brother-in-law. I suspect that its the brother-in-law's business, ARod's just an investor. Hello, tax shelter!
   14. Gonfalon Bubble Posted: December 07, 2007 at 12:26 PM (#2638025)
While Jeter may very well have given more than A-Rod in other ways, Roberts doesn't report it

Derek has tirelessly donated to wayward young girls, 9cc at a time.
   15. Crispix Attacks Posted: December 07, 2007 at 12:39 PM (#2638045)
I agree with aleskel in 13.

The benefit Arod would get from deciding to charge tenants an extra $50 per month of overdue rent is so minuscule that it's laughable to think it was actually his decision to do so. Sounds like his wife's brother is being a slumlord as slumlords often do.
   16. Homer Summa Posted: December 07, 2007 at 04:01 PM (#2638292)
ARod owns a car dealership in Houston.
   17. Exploring Leftist Conservatism since 2008 (ark..) Posted: December 07, 2007 at 04:04 PM (#2638294)
I mean, the article ain't complaining about the housing projects being slums or ill kept, just people complain about late fees. Ok, don't be late with the rent?


I mean, hell, you work two jobs, get the flu, miss a day, they dock you, so you're late with the rent money to Massa Alex...

I'm with you guys--jack up these working class chumps for every f*cking dime you can squeeze out of their loser asses. Charge a hundred bucks when the seven hundred dollar rent is late by a week. That's, what, an annualized return of over 700%? F*uck 'em. If they were real people, they'd have real bank accounts.
   18. The Artist Posted: December 07, 2007 at 04:14 PM (#2638305)

He's got a ton of money, so why not let me be a freeloader?


Bingo. Though for A-Rod, I wonder if this is worth it at any level.
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