Filed under: Real Estate Developments
Venture capitalist Tom Perkins has been in a selling mood lately. He reportedly sold off the Maltese Falcon for $100 million and his long-time Belvedere, California home, which was on the market for $20.5 million, is no longer listed. But Perkins has bought something too. The Wall Street Journal reports that Perkins recently closed on a 4,800-square-foot residence on the 60th floor of Millennium Tower in downtown San Francisco for $9.35 million.
The unit which has views of San Francisco Bay from the Golden Gate Bridge to the Bay Bridge and beyond is said to be the best unit in the building. Another similarly sized residence on the same floor sold in June for $8.1 million. The building's prices were reduced by 15 percent in February. The tower includes a club level with a screening room, pool and pool terrace, fitness club, tasting room, lounge, dining room and fitness center. A residents-only dining room is serviced by Michael Mina's restaurant RN74 which is located in the tower.