Millennium Penthouse Sells For $2.5M Under Asking Price

The 13,000-square-foot grand penthouse at Boston’s new Millennium Tower sold Wednesday for $35 million, or $2.5 million less than the asking price.


John Grayken

A realty trust affiliated with Cohasset native and Lone Star Funds CEO John Grayken closed on the 60th-floor unit, according to a filing with the Suffolk County Registry of Deeds. The transaction includes six parking spaces.
Interior alterations total $7.85 million, according to a building permit filed with the city of Boston on March 18.

Developer Millennium Partners listed the penthouse in 2014 as construction began on the 60-story luxury tower designed by Handel Architects at 1 Franklin St. in Downtown Crossing. The first residents began moving into condos in the 442-unit structure in July. Construction continues on the penthouse units beginning on the 46th floor and Pabu restaurant by chef Michael Mina, which will open this fall.

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Millennium Penthouse Sells For $2.5M Under Asking Price

by Banker & Tradesman time to read: 1 min