Life is good for Pat Riley. Very good. His new pad is smaller — and cheaper — but it’s highly doubtful that he has any complaints about it. Per the Miami Herald: “Miami Heat President Pat Riley has settled into a $11.75 million penthouse high atop Miami Beach. Riles sold his Coral Gables mansion earlier this year for $16.75 million. And Miami-Dade County documents show the 67-year-old Riley recently homesteaded a 6,200-square-foot penthouse at the Apogee building, on the southern tip of Miami Beach.”
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