Developer Related California is looking to ride the wave of recent record-breaking penthouse mega deals. Following a $55 million penthouse sale at 70 Vestry in New York and a $35 million deal at The Century in Los Angeles—both Related properties—the developer is aiming to fetch $41 million for a top-floor residence in The Avery, a 618-foot residential tower designed by Rem Koolhaas' OMA.
The 8,482-sf penthouse on the 56th floor is actually two units that would be combined (for the right buyer) to create a glass-encased, full-floor dwelling with a 1,580-sf private rooftop deck and panoramic views of the San Francisco Bay, the Bay Bridge, and the skyline.
According to Related, the penthouse will offer four bedrooms, six bathrooms, two powder rooms, a dedicated library, media room, gym, family room, and formal living and dining rooms.
OMA, courtesy Related California
The buyer can customize the rooftop space with amenities like a yoga deck, garden, dining area, and lounge. The space will be encased in double-height glass curtain wall for comfort and expansive views. The main penthouse spaces will feature floor-to-ceiling windows.
More from Related:
The north side of the penthouse will feature premium entertaining spaces replete with a private dining room, living area with floor-to-ceiling windows, an expansive bar and secondary service kitchen. To the west are three separate bedrooms with en-suite bathrooms, providing access to the secondary service kitchen, laundry facilities and a separate entrance, ensuring privacy for residents and their visitors.
The south side, designed for intimate everyday living, features a family room, gym and sauna, a luxurious kitchen and dining area, a walk-in pantry, and an oversized island for cooking or casual dining. The master suite includes two generous master baths and walk-in closets, two lounge areas and windows throughout to showcase stunning views.
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
OMA, courtesy Related California
Related Stories
Apartments | Mar 13, 2024
A landscaped canyon runs through this luxury apartment development in Denver
Set to open in April, One River North is a 16-story, 187-unit luxury apartment building with private, open-air terraces located in Denver’s RiNo arts district. Biophilic design plays a central role throughout the building, allowing residents to connect with nature and providing a distinctive living experience.
Affordable Housing | Mar 12, 2024
An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces
In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.
MFPRO+ News | Mar 12, 2024
Multifamily housing starts and permitting activity drop 10% year-over-year
The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.
Affordable Housing | Mar 11, 2024
Los Angeles’s streamlined approval policies leading to boom in affordable housing plans
Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.
MFPRO+ Research | Mar 6, 2024
Top 10 trends in senior living facilities for 2024
The 65-and-over population is growing faster than any other age group. Architects, engineers, and contractors are coming up with creative senior housing solutions to better serve this burgeoning cohort.
Multifamily Housing | Mar 4, 2024
Single-family rentals continue to grow in BTR communities
Single-family rentals are continuing to grow in built-to-rent communities. Both rent and occupancy growth have been strong in recent months while remaining a financially viable option for renters.
MFPRO+ News | Mar 2, 2024
Job gains boost Yardi Matrix National Rent Forecast for 2024
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix.
MFPRO+ News | Mar 1, 2024
Housing affordability, speed of construction are top of mind for multifamily architecture and construction firms
The 2023 Multifamily Giants get creative to solve the affordability crisis, while helping their developer clients build faster and more economically.
Multifamily Housing | Feb 29, 2024
Manny Gonzalez, FAIA, inducted into Best in American Living Awards Hall of Fame
Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.
MFPRO+ Research | Feb 28, 2024
New download: BD+C's 2023 Multifamily Amenities report
New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.