Make that five real estate sales of at least $10 million in Pitkin County this year. And it’s just the middle of January.
On Wednesday, what’s been marketed as the “Aspen Penthouse” took in $13.2 million. The 4,415-square-foot Cooper Avenue condo, owned by a consortium of Aspen businessmen including Andy Hecht, Nikos Hecht and Joshua Saslove, had been listed since March 2013, when it had an asking price of $17.6 million.
Saslove, who was the original listing broker but turned it over to Carrie Wells in June, said that penthouses are selling well in Aspen because of the city law passed in 2012 that prohibits their construction in the commercial core.
“They’re very limited because of the building codes in place,” said Saslove, who runs the Aspen office of Douglas Elliman Real Estate/Joshua & Co.
Wells agreed.
“We can’t redevelop that type of product any more,” said Wells, of Coldwell Banker Mason Morse Real Estate. She noted that the penthouse’s “attention to detail and contemparary feel” were important to the buyers.
The buyers were represented by Mark Haldeman, of Aspen Snowmass Sotheby’s International Realty.
Property records identify the new owners as Julie and William Macklowe, of New York. Julie Macklowe was born in Aspen, was once a hedge-fund manager and later delved into the fashion industry. She started the vbeaute cosmetics company. William Macklowe is CEO of William Macklowe Co. and is regarded as a big player in New York’s real estate scene.
The sale equated to nearly $300 per square foot.
That’s not as high as November’s sale of a Hyman Avenue penthouse, which went for more than $3,100 per square foot. The 5,053-square-foot, four-bedroom, 41/2 bathroom penthouse sold for $15.8 million.
http://www.aspentimes.com/news/14655740-113/aspen-penthouse-sells-for-132-million
Read Full article from Rick Carroll here:
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| Public Remarks: The Cooper Street Penthouse – a one-of-a-kind location, program and views. This brand-new, four bedroom penthouse, located one block from the gondola, and has its own private entrance between Brunello Cucinelli and Pitkin County Drygoods. Three levels of luxury living in the center of town with five outdoor terraces – one with a fireplace and the large upper terrace has a hot tub, outdoor kitchen, garden area and 360 degree views. Elevator, air conditioning, oversized one car garage and an extra parking space in the common garage complete this unique offering. | ||||||||||||||||||||||||||||||||||||||||||||||||
| Directions: 508 E. Cooper. Located above Brunello Cucinelli |
| Addendum: 1 1/2 Car garage and 1 assigned, underground parking space 3 levels of living space with elevator access from garage to top floor. Roof top deck is accessible by private staircase. | |
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