Stuart M. Lockman and his wife, Deena, bought a three-bedroom, three bath Old Port Cove Tower condo at 115 Lake Shore Dr. in North Palm Beach for $550,000 from Donald Clark Rindell, Constance Clark Rindell and John Harmon Rindell on May 5.

Unit #0645 is one of 170 in the Old Port Cove Tower development, which was built in 1979.

Mr. Lockman is a partner at Honigman Miller Schwartz & Cohn LLP, a law firm with four offices in Michigan, including Detroit. He specializes in the corporate and financial aspects of health care law.

He earned both his J.D. and his bachelor's from the University of Michigan.

Condo sales in North Palm Beach dropped 33 percent in 2007. The median sales price also dropped from $270,000 in 2006 to $250,000 last year.

Sales in Old Port Cove Tower dropped 25 percent in 2007. The median sales price also dropped 38 percent from $588,750 in 2006 to $364,675 in 2007.

Address: 115 Lake Shore Drive, Unit: 648
Buyer(s): Stuart M Lockman and Deena Lockman
Seller(s): Donald Clark Rindell (Individually and as Trustee), Constance Clark Rindell (Revocable Trust), and John Harmon Rindell
Sale date: May. 5, 2008