Musician Nicky Jam relists Palm Island home at a loss

Nicky Jam is trying again to sell his Miami Beach home — and this time, he’s looking at taking a loss. Jam paid $3.4 million for the 3,600-square-foot home in Palm Island two years ago, but is now asking just $3.3 million for the property, according to Variety. He first tried selling the home last year with an asking price of $3.65 million. The ask was eventually dropped to $3.5 million. Eventually, it was taken

SOURCE: The Real Deal New York – Read entire story here.