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The Mets Are Spending Money: On UES Penthouses

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Even Bernie Madoff can't keep the Mets down. According to the Observer, New Mets general manager Sandy Alderson and his wife have just purchased a 4BR, 4BA at the Upper East Side's Georgica. The building was named after a pond in the Hamptons and had khaki-wearing parent-doctors in mind as its target audience, but by this point, hey, it'll take anyone. At any price! The Aldersons paid $4.2 million for the Yorkville building's PHB, 20 percent below the unit's 2008 asking price.

· Safe! Mets GM Sandy Alderson Scores UES Penthouse [NYO]
· Georgica coverage [Curbed]

The Georgica

305 East 85th Street, New York, New York 10028