Philadelphia Tries For A Record With $30 Million Penthouse

by Deidre Woollard (RSS feed)
May 12th 2009 at 8:01AM

Can a $30 million condominium sell in Philadelphia? If so, Two Liberty Place is probably the place to try it. Back in March, a buyer spent $7.678 million for a unit on the 46th floor of the Residences at Two Liberty Place and the purchase set a record as the highest price ever paid for a Philadelphia condominium. At that time the top unit for sale was the $15 million penthouse for sale on the 57th floor and there was a rumor that a businessman might buy both and create a duplex. It looks like that deal didn't happen but someone must have thought that it was a good idea because there is now a listing for the 56th and 57th floor duplex. The $30 million listing indicates that the new owner can customize the 16,000 square-foot space with the architects and designers of his or her choice. Other residents at Two Liberty include millionaire and former Philadelphia mayoral candidate Tom Knox, Bon Jovi's Richie Sambora and Phillies pitcher Cole Hamels. The building offers luxurious amentities including concierge service and the owner's club.

Two Liberty has fared far better than other projects in Philadephia. Many luxury projects in the area have been put on hold or canceled altogether. But $30 million still seems a bit of a stretch in this economy for a city that hasn't even cracked the $10 millioon mark on condo prices yet.

Gallery: The Duplex at Two Liberty