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Miami Beach acts to outbuild climate change
City needs more condos so as to pay for project to protect itself against rising sea level
Published Fri, Dec 26, 2014 · 09:50 PM
Miami Beach
ARGENTINE developer Alan Faena recently listed the most expensive condo in this city's history at US$55 million. The Mid Beach penthouse features a private elevator, an infinity pool, an uninterrupted view of the Atlantic.
The catch: The tower stands on what scientists call one of America's most vulnerable floodplains.
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