Real Estate
Are Miami Beach’s Luxury Towers the Future of Climate Resilience?
In flood- and storm-prone Miami, buildings for the very rich might serve as a template for the rest of us.
The Monad Terrace—a 59-unit Miami Beach luxury condominium—hasn’t been built yet, but its salesroom is up and running.
Set on the ground floor of an office building a few blocks from the Monad’s bayfront building site, the space re-creates the look and feel of a model apartment in hopes that its white marble bathroom, open-plan kitchen, and glassy bedroom might persuade buyers to spend from $1.7 million (for a 2,027-square-foot apartment) to $12 million (13,922 square feet) before the building is complete.