The owners of the two-story penthouse at 645 Front Street (pictures above) are asking $12.5 million, believed to be the highest-ever asking price per square foot for any downtown resale property. What's so special about this place? Let's just say, when it comes to the for the 4,400-square-foot “Palazzo del Cielo” (“Sky Palace”) in the south tower of the Renaissance project at First Avenue and G Street--it's all in the details.
Potential buyers are sure to notice the pricey materials that dramatically upgraded a relatively unadorned, builder-grade project: 10,000 board-feet of walnut, 50,000 sheets of gold, silver and bronze leaf, 75 slabs of granite and marble, Venetian plaster treatment and untold niches and built-ins, some created from antique furniture.
What are the HOAs on a property like this? $1287.
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