New York Post
January 5, 2009
By Richard Johnson
The plummeting real-estate market hasn’t been a slam-dunk for Shaquille O’Neal (above). The Phoenix Suns center has just relisted his Star Island estate in Miami Beach for $25 million – $10 million less than its all-time high asking price back in November 2007, when a prospective buyer backed out of a deal for it. O’Neal bought the spread for $18.8 million in 2004, when South Florida was riding a boom.
[Story source: Kevin’s South Beach Condos Blog]