Half of Silverstein’s 30 Park Place now sold

One of the penthouses in the Robert A.M. Stern-designed tower fetches $17M

October 01, 2014 By E.B. Solomont

Half of the 157 condominium apartments at Silverstein Properties’ Four Seasons Hotel and Residences Tower have sold, four months after sales launched.

Among the units at 30 Park Place that were purchased are two of the building’s 11 penthouses. One of the penthouse apartments sold for $17 million, and the other went for $13.5 million.

The 82-story tower, currently under construction, will rise 929 feet, making it the tallest residential building Downtown. Prices range from $3.1 million to more than $60 million for a combined duplex penthouse.

The building, set to top out by the end of the year, will be fully completed by 2016. “If we continue to go at the rate we’re going, we’ll see a fully sold out product by the time it opens,” developer Larry Silverstein said Wednesday during a media tour of the sales gallery. Sales are being headed up by Corcoran Sunshine Marketing Group. The building was designed by architect Robert A.M. Stern.

When complete, the Four Seasons Hotel will occupy the first 38 floors of the building, which include outdoor decks and, on the third floor, a 75-foot pool, spa and gym. Condo owners will have full access to those amenities and the hotel’s other services, and will also have a full-floor of exclusive amenities on the 38th floor. Condos, between floors 39 and 82, will have 10-foot and 13-foot ceilings, and eight-foot windows. The penthouses will also have wood-burning fireplaces.

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