The Square Foot Ceiling

Pin it button
Doubling your own best price? The 92 story Trump International Hotel & Tower is currently rising on the river near Michigan Avenue. The penthouse was listed at $28 million, and then taken back off the market.

At 14,000 square feet (!) the apartment was priced at double the current max price per square foot for condos in Chicago. $2,000/sf is unheard of, according to the Tribune. The present price leader is the Trump International, where the average selling price was $750/sf through last summer. Recently they have risen to the 1K/sf zenith.

Better luck next time...

photo:www.thehighrisepages.de
via:gapersblock

You might also like

Categories

Real Estate

Janel Laban is the Executive Editor of Apartment Therapy and has been working here, at the dreamiest of dream jobs, since March 2006.

0 Comments