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August 12, 2011

NY Knicks player Amar'e Stoudemire sells W South Beach penthouse for $5.2 mil

2020048676Amare Stoudemire 02 Just sold to a company (the ambiguous MF Penthouse 3 LLC) for $5.2 million: New York Knicks player Amar'e Stoudemire's penthouse at the W South Beach. Miami Beach attorney/entrepreneur Matthew Krieger of Bratter Krieger LLP represented Stoudemire in the sale and  broker Dave Marotta of Carefree Properties was the listing agent. Our sources tell us Stoudemire was planning to plunk down $10 million on an even grander Miami pad had the Miami Heat signed him. With that NBA lockout in effect, not to mention the abysmal economic situation, we won't exactly cry for him, but we guess he's better off.

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W South Beach is one of the best building in South Beach which can also generate income for the owners.

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