For those of you who find New York to be expensive, take notice of London! A luxury penthouse just sold for a staggering $220 million, located at One Hyde Park, a development in Knightsbridge. This could be the most expensive apartment sale.
The prestigious One Hyde Park development features 86 luxury properties starting at the bargain rate of around $31 million. Interestingly, the sale of the $220 million dollar unit at One Hyde Park dwarfs the previous record holder in Britain, the James’ Square apartment in Westminster’s 8 St. that sold for $180 million in 2008.
The most expensive residential listing in New York currently is located Manhattan’s Upper East Side, at 1016 Madison Avenue, for $72 million. That is roughly one-third of the One Hyde Park property! Well, it is a penthouse, and I recall Richard Gere informing Julia Roberts in “Pretty Woman” that the penthouse is the best. He also explained that while he was afraid of heights, he was unsuccessful in his attempts to locate a penthouse on the first floor. Funny guy. Well, Gere’s character would certainly be impressed with One Hyde Park, as it is a two-story penthouse.
So what will $220 million dollars worth of real estate buy you in a prime London spot? Two-story penthouse One Hyde Park boasts breathtaking views of the London skyline including the Serpentine, private wine tasting facilities, an air purifying system and anything else your heart desires. The sprawling 6-bedroom double penthouse also has direct access to the Mandarin Oriental Hotel and its 24-hour room service via a tunnel. Security measures include bulletproof windows, a panic room and protection from SAS-trained security guards.
I wonder where the unit’s garage is located? I assume the owner can afford to shell out a measly $200,000-$2 million on a luxury car or exotic car collection. Where will they be stored?
One Hyde Park was originally designed by Sir Richard Rogers of architectural firm Rogers Stirk Harbor, and was acquired in 2004 by developers Nick and Christian Candy for around $235 million.
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Post by Imagine Lifestyles Luxury Blog