The Real Deal Miami

Condo in Africa Israel-owned Marquis style=”

July 01, 2010 11:15AM

The Marquis Miami

A penthouse in the Marquis Miami tower downtown has sold for $4.2
million, down 72 percent from its $15 million asking price. The Marquis
is owned by Leviev Boymelgreen, a subsidiary of Israeli firm Africa
Israel, owned by Lev Leviev. The company has lost about $1.4 billion in
the last two years in U.S. and Russian real estate investments. Marquis
Miami is a 309-unit, 65-hotel room tower, with the hotel rooms operated
by Rock Resorts. The penthouse unit that sold is on the 67th floor, and
is nearly 8,000 square feet. [Ynet]