You can’t expect Tyson Chandler to go small. After all, the Knicks player is over seven feet tall. Chandler has found a full-floor apartment that accommodates his frame. The tough-guy centre, who played for the NBA champion Dallas Mavericks last season, is renting a five-bedroom, five-plus-bathroom, 3,585-square-foot unit at Manhattan’s Rushmore condo building, The New York Post reports.... [more]
You can’t expect Tyson Chandler to go small. After all, the Knicks player is over seven feet tall.
Chandler has found a full-floor apartment that accommodates his frame. The tough-guy centre, who played for the NBA champion Dallas Mavericks last season, is renting a five-bedroom, five-plus-bathroom, 3,585-square-foot unit at Manhattan’s Rushmore condo building, The New York Post reports.
Apparently, Chandler is “test-driving” the 41-storey Extell Development building; the asking price for his unit is US$32,500 per month. In other Knicks news, rookie guard Iman Shumpert is living in a US$5,000-a-month rental in a luxury condo building in White Plains, N.Y. The 1,400-square, two-bedroom, two-bathroom short-term rental comes with an option to buy.
http://life.nationalpost.com/2012/02/20/celebrity-homes-cant-knock-tyson-chandlers-swanky-new-rental/[less]
Response by Sunday
almost 14 years ago
Posts: 1607
Member since: Sep 2009
What are the chances that they will still be playing for the Knicks in 5-7 years?
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Response by jason10006
almost 14 years ago
Posts: 5257
Member since: Jan 2009
Also, a friend of mine who does super-jumbos says that the majority of his pro-Athlete and also movie/tv/music star clients have terrible credit. Which should not surprise you if you think about it. They always spend like the peak year is every year.
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Response by huntersburg
almost 14 years ago
Posts: 11329
Member since: Nov 2010
You typically get _terrible_ credit when you don't pay your bills.
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Response by NYCMatt
almost 14 years ago
Posts: 7523
Member since: May 2009
"They always spend like the peak year is every year."
Just like Wall Streeters.
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Response by Riversider
almost 14 years ago
Posts: 13572
Member since: Apr 2009
Agree with Sunday, there's every possibility you get traded or the career ends. $33,000 toward housing expenses seems crazy no matter what your salary, but at $14.2 million I guess he's entitled. Hopefully he's making some good investments for when the money ends.
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Response by somewhereelse
almost 14 years ago
Posts: 7435
Member since: Oct 2009
Don't forget... guaranteed money...
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Response by mutombonyc
almost 14 years ago
Posts: 2468
Member since: Dec 2008
Today, does it pay for an athlete to buy and they are more than likely going to be traded? Also, in NYC, does it pay for an athlete to rent at astronomical prices considering their short-lived career?
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Response by somewhereelse
almost 14 years ago
Posts: 7435
Member since: Oct 2009
Totally true... and that's all before the rent/buy equation.
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Response by mutombonyc
almost 14 years ago
Posts: 2468
Member since: Dec 2008
Where does Jeremy Lin live? Is he renting or buying?
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Response by jason10006
almost 14 years ago
Posts: 5257
Member since: Jan 2009
"Just like Wall Streeters."
Nope, Wall Street super-jumbo types tend to have fantastic credit, per this brokerage. They are much more financially literate than your typical movie/rap/NBA/NFL/rock star.
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Response by bob420
almost 14 years ago
Posts: 581
Member since: Apr 2009
Lin is renting.....from another NBA player who owns the place.
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Response by somewhereelse
almost 14 years ago
Posts: 7435
Member since: Oct 2009
> They are much more financially literate than your typical movie/rap/NBA/NFL/rock star.
And yet not very financially literate at all...
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Response by jason10006
almost 14 years ago
Posts: 5257
Member since: Jan 2009
"And yet not very financially literate at all..."
Well, whatever, they have high credit scores.
"Lin is renting.....from another NBA player who owns the place."
What are the chances that they will still be playing for the Knicks in 5-7 years?
Also, a friend of mine who does super-jumbos says that the majority of his pro-Athlete and also movie/tv/music star clients have terrible credit. Which should not surprise you if you think about it. They always spend like the peak year is every year.
You typically get _terrible_ credit when you don't pay your bills.
"They always spend like the peak year is every year."
Just like Wall Streeters.
Agree with Sunday, there's every possibility you get traded or the career ends. $33,000 toward housing expenses seems crazy no matter what your salary, but at $14.2 million I guess he's entitled. Hopefully he's making some good investments for when the money ends.
Don't forget... guaranteed money...
Today, does it pay for an athlete to buy and they are more than likely going to be traded? Also, in NYC, does it pay for an athlete to rent at astronomical prices considering their short-lived career?
Totally true... and that's all before the rent/buy equation.
Where does Jeremy Lin live? Is he renting or buying?
"Just like Wall Streeters."
Nope, Wall Street super-jumbo types tend to have fantastic credit, per this brokerage. They are much more financially literate than your typical movie/rap/NBA/NFL/rock star.
Lin is renting.....from another NBA player who owns the place.
> They are much more financially literate than your typical movie/rap/NBA/NFL/rock star.
And yet not very financially literate at all...
"And yet not very financially literate at all..."
Well, whatever, they have high credit scores.
"Lin is renting.....from another NBA player who owns the place."
So...many...stereotypes...shattering...
http://www.nypost.com/p/news/local/manhattan/lin_scores_another_uYYBLIuOc5EaT3Fw9wuiUK
Don't forget about the additional NYC income tax, on top of federal and state taxes. Those guys are salaried so they can't shelter their money.
> Well, whatever, they have high credit scores.
not the ones I know.