Joking!

However, it appears one buyer at the Residences at the Mandarin Oriental has decided to back out of his or her purchase of a unit in the ultra-luxury project.

Project executives are now marketing a $5.2 million, 11th-floor unit after the initial buyer found himself transferred by his company to New York.

Bargain or no bargain, $5.2 million gets you a 3,200-square-foot, two-bedroom, two-and-half bath unit on the 11th floor, with a formal dining room, a library, a living room and an outdoor balcony.

Completion of the new development is scheduled for first-quarter, 2008.

Source: Bargain at the Mandarin: Only $5.2M for condo - By Scott Van Voorhis, The Boston Herald