Faena Residences developers presell $30M penthouse for record price along Miami River

Faena Residences developers presell $30M penthouse for record price along Miami River
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Shahab Karmely and Edgardo Defortuna’s joint venture presold a penthouse at their Faena-branded luxury condo development along the Miami River for $30 million, a record for the area on price as well as price per square foot. Karmely’s KAR Properties has long planned to develop the waterfront site in