History in the Making: Millennium Tower Boston’s Grand Penthouse Is Under Agreement

Posted February 11, 2016 by Jason Balla in Business
The Millennium Tower Boston Grand Penthouse is officially under contract. Photo courtesy of Millennium Partners

Boston’s ultra-luxury real estate scene just hit an all-time high- literally.

On Wednesday, the developer of Millennium Tower Boston announced that the building’s 60th floor Grand Penthouse is under agreement. Though the buyer wishes to remain anonymous, Richard Baumert of Millennium Partners has confirmed that the new owner will use the 13,000 square foot condo as a family residence.

Situated on the top floor of the tallest residential building in the city, the Grand Penthouse is described as “a sanctuary on top of the world.” It’s unlike anything Boston has ever seen before, boasting 360-degree panoramic views of the city, and a 2,000 square foot outdoor wrap-around terrace. While the final purchase price was not disclosed, Millennium Partners listed the pricey pad for $37.5 million in late 2014.

The magnitude of this sale sets a new standard for urban luxury living in Boston. The glass tower stands tall in the city’s skyline, attracting residents from around the globe. It’s located at the site of the former Filene’s in Downtown Crossing, offering residents of their 442 condominiums access to an indoor pool, spa, screening room, and a multitude of fine-dining experiences crafted by James Beard award-winning chef Michael Mina.

The city is booming and the demand for high-end real estate is greater than ever before. More than 90 percent of Millennium Tower Boston is under contract, but Millennium Partners says there are a few 2- and 3- bedroom penthouses and grand residences remaining- starting at a cool $3.3 million.