International Herald Tribune:
The Huffington Post is discussing a new listing for a Miami Beach penthouse that should provide an interesting benchmark for the state of the Miami market. Modestly billed as "one of the most prestigious south Florida penthouses ever," the 6,853-square-foot (636 square meter) apartment is priced at $22 million, which is a bold number for these stock-market-crashing days.
The penthouse in the Apogee tower includes six bedrooms, a pool, private elevator, staff quarters and 11,000-square-feet of terrace space, including a rooftop "palazzo," according to a press release. The listing calls it "arguably the greatest luxury condo residence to ever ascend on the Miami real estate landscape."