Kenneth Griffin Re-Lists Faena House Penthouse for $73M
March 16, 2016 - Miami Beach
Billionaire hedge-fund manager Kenneth Griffin is putting his two newly purchased properties at Faena House in Miami Beach back on the market for a total of $73 million.
Mr. Griffin is listing the units separately. The penthouse, which encompasses the top floor of the building, will be listed for $55 million. It has five bedrooms and measures about 8,270 square feet. In addition to a roughly 2,700-square-foot roof deck with its own pool, the penthouse has a wraparound terrace measuring about 7,300 square feet.
The second unit, which is directly under the penthouse and encompasses half of the 15th floor, will be listed for $18 million. It has three bedrooms and measures about 4,240 square feet. The unit also has a terrace measuring about 2,720 square feet.
Mr. Griffin bought the properties in the fall of 2015 for a total of $60 million. He went into contract on the units in 2014, before the building was completed.
Source: WSJ - CANDACE TAYLOR
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