Baseball Star Francisco Lindor Buys a $20 Million Penthouse in Manhattan

New York Mets shortstop Francisco Lindor is set to become the owner of a stunning $20 million penthouse on Manhattan’s prestigious Upper East Side. The six-bedroom residence is part of a boutique luxury condominium currently under construction by EJS Group, offering the baseball star a slice of luxury in one of New York City’s most coveted neighborhoods.

The penthouse is part of an exclusive 36-unit building designed by Beyer Blinder Belle, a renowned architectural firm. With construction slated for completion next year, the building offers residents an opportunity to live in an elite residence that merges contemporary design with timeless luxury.

The contract is reportedly worth $20 million, down from the penthouse’s original asking price of $22.95 million, a sign of Lindor’s negotiation prowess. The new home spans approximately 5,000 square feet and features multiple terraces, high-end finishes, and 11-foot ceilings, giving it a sense of grandeur and sophistication.

Inside Lindor’s New Penthouse: Features and Design

The 5,000-square-foot penthouse is the crown jewel of the luxury condo development. Offering ample living space, the residence is designed to accommodate family, guests, and social gatherings in a grand yet comfortable setting.

Key Features of the Penthouse:

  • Bedrooms: 6 large bedrooms, including an expansive master suite.
  • Ceilings: The soaring 11-foot ceilings create a sense of openness and airiness throughout the home.
  • Outdoor Living: The unit boasts multiple terraces, allowing for serene outdoor moments and breathtaking views of Manhattan’s iconic skyline.
  • Natural Light: The large windows and open layout flood the penthouse with natural light, enhancing its warm and inviting atmosphere.

Luxury Living Amenities:

  • Children’s Playroom: A thoughtfully designed space where kids can play, learn, and explore.
  • Virtual Sports Room: Residents can practice golf, soccer, hockey, and basketball using cutting-edge simulators.
  • Outdoor Fireplace: A warm gathering spot for cool evenings, perfect for hosting friends and family.
  • Private Movie Theater: A cinematic experience at home, complete with plush seating and a state-of-the-art audio-visual system.

The emphasis on space, modern design, and family-friendly features makes the penthouse a perfect fit for Lindor, his wife Katia, and their two daughters.

About the EJS Group Development

The new development is being spearheaded by EJS Group, a company known for its high-end boutique residences. The firm purchased the development site during the Covid-19 pandemic for around $32 million, a move that Ted Segal, EJS Group’s founder, described as a strategic bet on New York City’s long-term market stability.

“We decided to lean into New York City at a time when many others were leaning out,” said Segal. “It’s very gratifying to see how the market’s responding to the vision we had for the project.”

This bold investment has paid off, as 50% of the units have already been sold since sales began in March 2024, showing that demand for luxury living in Manhattan remains strong.

The building’s Art Deco-inspired facade and clean architectural lines were designed by Beyer Blinder Belle, a firm renowned for its thoughtful approach to modern architecture. With just 36 units, the development emphasizes privacy, exclusivity, and bespoke living.

Who Is Francisco Lindor?

A native of Puerto Rico, Francisco Lindor is one of the highest-paid and most recognizable players in Major League Baseball. Known for his incredible agility and prowess as a shortstop, he quickly rose to fame as a player for the Cleveland Guardians (formerly known as the Cleveland Indians) before signing a massive deal with the New York Mets in 2021.

Lindor’s contract with the Mets was one for the history books: a $341 million, 10-year deal, making him one of the highest-paid players in the league. His exceptional skills on the field and electric personality off the field have made him a fan favorite and one of the most marketable players in baseball.

His love for family life is well-documented. Lindor married Katia Reguero, a classical violinist, and the couple has two young daughters. Their new penthouse in Manhattan reflects their commitment to providing a luxurious, comfortable home for their growing family.

Lindor also owns a $2.9 million waterfront home near Lake Apopka in Florida, where he and his family enjoy the quiet serenity of lakeside living. However, with his purchase of a Manhattan penthouse, Lindor appears to be shifting his focus to the energy and vibrancy of New York City living.

A Smart Investment Move

While the $20 million price tag is a major investment, the purchase of a luxury penthouse in Manhattan is viewed as a sound financial decision. Properties in Manhattan’s Upper East Side have long been seen as “blue-chip” investments, holding their value even during downturns in the market.

Real Estate Market Trends in Manhattan:

  • Boutique Buildings are in Demand: Buyers are increasingly drawn to buildings with limited units and private access, which offer more privacy than large, bustling towers.
  • High-End Finishes: Turnkey, move-in-ready units with modern features and family-friendly amenities are in high demand.
  • Luxury Home Prices Rising: While the market faced some stagnation during Covid, demand for high-end properties has rebounded, and Manhattan’s luxury real estate market is thriving once again.

By purchasing a unit in a highly exclusive, low-density building, Lindor is safeguarding his family’s privacy while ensuring the investment retains its value.

Who Was Involved in the Deal?

Like most high-profile real estate transactions, the purchase of Francisco Lindor’s penthouse was facilitated by some of the biggest names in the luxury real estate industry.

Players Involved:

  • EJS Group (Developer): Ted Segal’s firm that spearheaded the project and is reaping the benefits of his smart real estate play during the pandemic.
  • Beyer Blinder Belle (Architects): The architectural firm responsible for the contemporary design and structure of the boutique condo.
  • Alexa Lambert of Compass Development Marketing Group: Represented EJS Group in the negotiations with Lindor.
  • Dan Benichou of Douglas Elliman: Represented Francisco Lindor, helping him secure the property at a reduced price.

Both Alexa Lambert and Dan Benichou are among the most sought-after real estate agents in Manhattan, known for their work with high-profile clients, celebrities, and luxury property deals.

Final Thoughts

With a $341 million contract, two beautiful daughters, and a new $20 million Manhattan penthouse, Francisco Lindor is clearly living the dream. This luxury purchase reflects Lindor’s growing commitment to his family and his future with the New York Mets.

The EJS Group development promises to deliver one of the most exclusive, family-friendly living experiences in New York City. With only 36 units, amenities like a movie theater, virtual sports room, children’s playroom, and outdoor fireplace, and the pedigree of Beyer Blinder Belle’s architecture, the development is the epitome of modern luxury living.

As the luxury real estate market in Manhattan continues its upward trajectory, Lindor’s investment in an exclusive boutique development is a move that’s as strategic as his plays on the baseball field. The penthouse purchase not only elevates his family’s lifestyle but also cements his place among the elite homeowners of New York City’s Upper East Side.