Monday, August 6, 2007

Got an extra $7.2 Million lying around?

Monday, August 6, 2007
Give it to me. I already know what I would buy:


Price: $7,200,000

MLS#: BA6385377

Property Type: Condo/Townhouse

Bedrooms: 3

Bathrooms: 5½

Square Feet: 7560

Year Built: 2009

Status: Active



Anonymous said...

If that shit sells for 7.2 million my ass will toot "Casey Jones"

Kensilo said...

Do you think that is really worth 7.2 mil? Well at least you will be moving on up like the Jeffersons.

Mr. Jones said...

Haha...this, for me, is CLEARLY nothing more than an expensive wet dream. Real estate is a hobby of mine.

Who knows if it'll sell for $7.2 mill. it wouldn't really surprise me. The penthouse at The Vue, another high rise waterfront building, went for $5.3. Hell, a 4th floor unit in the Ritz Carlton (located less than a block from this building) is on the market for
$5.198. Rumor has it that Oprah purchased two top floor units at the Ritz for $11 million.

Baltimore's housing market is bucking the national recession trend. Demand for waterfront property is so high that its still a sellers market (to some extent). Remember, to the super wealthy, this is a bargain compared to comparable units in NYC and Washington.

The Four Seasons Hotel and Residences also comes online in 2009. It'll be interesting to see how much that penthouse will go for. Its a 44th floor apartment in a neighborhood with slightly more cachet. We'll see soon enough. The shovels are in the ground.

Dayne Avery said...

No, give it to me!

Darius T. Williams said...

for 7.2, not a bad buy.

yet another black guy said...

i need to get to work so i can get on that level, so i can at least say, "Well, it's nice but i was looking for something facing East."

Anonymous said...



ProfessorGQ said...

In Baltimore??? Damn! That costs more than what I've seen in Chicago. I'll take my $7.2 million elsewhere...if I HAD $7.2 million

LVEGAS said...

W, I do the publicity brochures for these luxury apartments (i.e gorgeous models sipping champagne on the balcony to reinforce 'the dream'). But the reality is they are pretty characterless and I wouldn't want these 'more money than taste' peeps as neighbours. Hope I don't sound like a snob. I'll answer your other query on my "blog"

Mr. Jones said...

Dayne - We can split it. 8K square feet is more than enough for two people. If we all pool our resources, then maybe we can rent a closet in there for a couple of hours.

Darius - I agree. Some people don't see it that way though.

YABG - LOL. Agreed.


Professor - Chicago seems as if it should be significantly more expensive than Baltimore, but it isn't. The issue with taking your $7.2 to a hotter city is that you won't get a penthouse in a brand new waterfront building. Like Darius said, it's a relative bargain.

That Dude Right There said...

Say $7.2 Million. Now say it again. I just don't think that even if I had it to spend I would buy something like that.

Who am I bullishing, I would buy it just because I could.

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