This post was originally published on this site

A South Beach condominium owned by Pritzker-winning architect Zaha Hadid, who died unexpectedly last year, is relisting for $6.5 million, or 35% below its initial asking price of $10 million nine months ago.

The new list price reflects the fact that “we are in a buyers’ market in Miami,” said Ivan Chorney of ONE Sotheby’s International Realty, who with colleague Angelica Garcia took over the listing from another agent. “There is currently a four-year supply of luxury condos over $1 million, so the right price point and design…