Story of the Month

November 2019

The biggest national story about Coral Gables this month was that Major League Baseball great Manny Machado had purchased a Coral Gables mansion for $11.3 million. The story appeared in papers like the L.A. Times, The New Haven Register, The Seattle Times, The New York Daily News, and The Orlando Sentinel, as well as in real estate websites. As the story spread, the deal got better and better for Machado. The L.A. Times headline disdainfully said Machado “drops” $11.3 million for the mansion, not much by their standards. The next day The New Haven Register had it as “scores” the buy. A week later The Orlando Sentinel declared that Machado had hit a “home run” with the buy. Okay, the home in Cocoplum was originally listed at $13.4 million, but still…