If you’re like me, you find yourself constantly wondering what Mo Vaughn is up to these days. And if you’re like me, you assume the answer is just “eating.” But no, the former Red Sox slugger seems to have made a second career for himself in the real estate biz. Vaughn’s company purchased a housing complex just north of Boston and plan to give it a $6 million renovation.
(Mo Vaughn BC [before cupcakes])
Since retiring in 2003, Vaughn’s Omni New York LLC has restored ‘affordable-housing complexes’ (read: projects) in Brooklyn, the Bronx and Yonkers. Considering Hit Dog didn’t exactly endear himself to New York during his time with the Mets, it’s a nice gesture that he’s giving back to the city where he made his name. Vaughn talks about his new life as a landlord, after the jump (I recommend reading his quotes aloud in a Mr. Furley voice).
The company he cofounded, Omni New York LLC, recently bought Sycamore Village, a 168-unit affordable apartment complex between Hampshire and Franklin streets.
“The city wins, the tenant wins, and we as a company win,” Vaughn said yesterday in an interview with The Eagle-Tribune. “We are a for-profit company, but what we do is very good business.”
Sycamore Village, formerly Bradford Apartments, was purchased by Omni, along with two Boston-area properties, for $44 million. The deal was the company’s first in the state.
Just because Mo Vaughn is a fat cuddly teddy bear of a man, don’t think you can go getting away with making trouble in his apartments. He’s planning to install 50 new security cameras, and safety lights in common areas.
Part of Omni’s mission is to promote “the right style of life” at their properties, Vaughn said. The company has a “zero tolerance” policy for guns, drugs and criminal behavior.
“Multifamily living’s tough enough,” said Vaughn. “At least you can be secure and safe and walk the property and enjoy it. That’s one of our things — you don’t want to be a prisoner in your own apartment.”