Floyd Mayweather is investing in a 1,000-unit affordable housing portfolio with more than 60 buildings in Manhattan.

Mayweather went into contract with Josh Gotlib’s Black Spruce Management to buy a 60-building, 1,000-unit affordable housing portfolio spread across upper Manhattan for $402 million, The Real Deal reported.

The retired boxing superstar is dropping nearly a half-billion dollars to own a major New York City apartment portfolio.

Former boxer Floyd Mayweather struck a deal to buy a $402 million affordable-housing portfolio in New York City, a sizable transaction for a property market that’s been largely stalled by higher borrowing costs.

Floyd Mayweather has made a significant $402M investment, silencing those who believe he is having money issues since retiring from professional boxing. The undefeated boxer has built an entire career around silencing doubters both inside and outside of the ring.

Floyd Mayweather, the undefeated boxing champion, is making headlines again, but this time it's not in the ring. The retired boxer has

Floyd Mayweather’s portfolio of luxury watches, properties, and cars is already impressive, and now he’s adding a 1,000-unit apartment complex in Manhattan to the mix. First reported by The Real Deal,

Boxing icon Floyd Mayweather is reportedly poised to spend $402 million on a block of New York apartments, expanding his already impressive property empire.