Baltimore is buzzing over a big sale at the Ritz-Carlton Residences in Baltimore. A penthouse condo in the pricey project has sold for $12.6 million making it the largest condo deal at the project and in the city. Rumor has it that the buyer may be best selling author and part owner of the Orioles baseball team Tom Clancy. Clancy has created a suspense thriller empire that includes many books including the Jack Ryan series as well as a line of Clancy-branded video games.

The apartment is actually three combined penthouse units which equal nearly 12,000 square feet of space with four bedrooms, six balconies, a home theater and three semi-private elevators.

The announcement of the sale follows the recent news that a man had sued the developer of Baltimore's Ritz-Carlton Residences to get back the return of the nearly $1.1 million deposit he put down on three units there. In the suit he claimed that the representatives of the project's developers told him that he could buy the units at a special price and resell them without ever going through a closing. But on November 12, his lawyers filed a notice with the court that they are dismissing the case without prejudice. Sales have been slow at the project, since it opened in 2008, 22 out of 191 units have been sold.

Just last month I wrote about the opening of the new Hotel Monaco in Baltimore and now the Baltimore Sun reports that the hotel is already in trouble. The corporation that owns the 202-room hotel in the B&O Railroad building may lose the property in a public auction if they don't pay $184,000 owed to a lumber supplier for doors, wood trim and other materials. A Baltimore circuit judge has said that the sale can go forward on the premises unless the building owner pays the J.F. Johnson Lumber Company the $184,000 plus interest and attorneys' fees by August 31. The attorney for Baltimore and Charles Associates, the owners of the building, has said his clients intend to appeal the decision which would result in a cancellation of the auction. A painting subcontractor NLP Enterprises of Owings Mills also is reportedly owed around $235,000 but hasn't taken legal action yet. Meanwhile the hotel remains open for business as usual.

A former railroad headquarters has been turned into a luxury hotel in Baltimore, The Hotel Monaco Baltimore is a $65 million boutique hotel that is part of the Kimpton group. The hotel's Beaux Arts building dates back to 1906 and served as the headquarters for B&O Railroad. The 202 guestrooms and suites are done in warm colors and offer high-speed wired and wireless Internet access in all guestrooms and suites (alas only complimentary for KimptonInTouch guest loyalty members), 24-hour room service, state-of-the-art flat-screen HD 37" TV in guestrooms and 42" TV in suites, a fully stocked mini bar with gourmet and organic options, L'Occitane spa-inspired bath amenities, terrycloth robes and an In-room safe large enough to accommodate a laptop computer. You can bring your pet with you or, if you get lonely, you can have a companion goldfish delivered to your room for the duration of your stay.

The Baltimore Sun says that the hotel is opening at a time when hotel occupancy rates in the city are lower (down to 58.2 percent in the first half of this year versus 62.3 percent in the first half of 2008). This is due both to the recession and because more new hotels are opening in the area. Last year the total amount of hotels rooms within a one-mile radius of Pratt and Light streets was 6,782 but this year it has jumped up to 7,985 rooms.

To attract the city's attention, the hotel has been holding preview dinners in its restaurant, the B&O American Brasserie. The hotel is also offering an aggressive opening rate of $129 per night for rooms that will cost $329 or more after October.

The venerable Walters Museum in Baltimore, Maryland is opening up their vaults for Bedazzled: 5,000 Years of Jewelry. The exhibit highlights the passion of Henry Walters (1848–1931) who collected jewelry from a large variety of cultures and periods. His collection runs the gamut from Mesopotamian stone pendants to masterpieces created by Tiffany and Co. The exhibition brings together more than 200 pieces of jewelry, combining extraordinary highlights from the holdings with objects from the Walters' vaults, The exhibit runs from now until January 4, 2009. A small sample of some of the pieces on display is in the gallery below.

[via Washington Post]

An old grain silo and grain elevator in Baltimore now has new life as a luxury condominium complex. Silo Point is a $400-million development on Baltimore's waterfront. The site was once used by the Archer Daniels Midland Company to store corn, soy beans and wheat. The complex will include several phases. The first was 120 townhouses. The second will include condominiums and retail inside the grain elevator and the third part will be townhouses and apartments. For those on the higher floors it's a chance to have a view that is unmatched in the area. The condos will also preserve a bit of the feel of the old grain elevator with the concrete floors, high ceilings and exposed ductwork, Other planned amenities include rooftop gardens and a health club. The condo units range in size from 1,800 to 5,000 square feet, and will cost from the low $400,000s to $5 million.