High in the sky: Europe’s tallest penthouse hits market

Unit at Federation Tower in Moscow is 97 stories up and 23K sf

National Weekend Edition /
Dec.December 13, 2020 12:00 PM
Three-level penthouse in Moscow's Federation Tower (Sotheby's International Realty, Wikimedia Commons)

Three-level penthouse in Moscow’s Federation Tower (Sotheby’s International Realty, Wikimedia Commons)

 

The tallest penthouse in Europe has hit the market, and it’s so big the buyer may never need to leave.

The three-level, 23,000-square-foot penthouse at Moscow’s Federation Tower has an asking price of $35 million, according to the New York Post.

The unit stretches across the top three floors of the 97-story building at Federation Tower, which contrary to its name has two towers built on one podium.

The penthouse’s most notable features are its three-level staircase and the floor-to-ceiling windows that in some parts of the unit stretch up all three levels. The windows have massive panes with virtually unobstructed views of the city. The ceilings in some spaces also span all three levels, such as in a main lounge area at the base of the spiral staircase.

The pandemic has hurt demand for ultra-luxury penthouse units, partially because restrictions on international travel make it difficult for potential foreign buyers to see units, but plenty of big-ticket deals are still closing. On Wednesday, the penthouse at 111 West 57th Street in Manhattan went into contract for $50 million.

Construction on Federation Tower began in 2005 but was delayed during the Great Recession. It was completed in 2017. It was the tallest skyscraper in Europe until the Lakhta Center, an office tower in Saint Petersburg, Russia, was completed last year.

[NYP] — Dennis Lynch


Related Articles

arrow_forward_ios
President Joe Biden (Getty Images, iStock)
House to Biden: Seize and sell Russian real estate
House to Biden: Seize and sell Russian real estate
From left: Ian Gorst and Roman Abramovich (Getty Images, iStock)
Tax haven moves to freeze $7B in assets linked to Roman Abramovich
Tax haven moves to freeze $7B in assets linked to Roman Abramovich
Search and seizure: oligarch edition
Search and seizure: oligarch edition
Search and seizure: oligarch edition
From left: Fridge No More CEO Pavel Danilov; Buyk CEO James Walker (LinkedIn/Pavel Danilov, LinkedIn/James Walker, Buyk)
Russian sanctions claim NYC rapid delivery startups
Russian sanctions claim NYC rapid delivery startups
(Getty, iStock/Illustration by Kevin Rebong for The Real Deal)
Russia’s war stalls US real estate deals
Russia’s war stalls US real estate deals
Steven Seagal  and Putin with Siskiyou County (Getty, iStock, Rmabrokers.com)
Action star, Putin friend Steven Seagal sells California ranch for $7M
Action star, Putin friend Steven Seagal sells California ranch for $7M
Two Russian billionaires shopping NYC properties
Two Russian billionaires shopping NYC properties
Two Russian billionaires shopping NYC properties
Jeffrey Hines, chairman, Hines (Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Hines’ Russian assets among commercial stakes imperiled by Ukraine invasion
Hines’ Russian assets among commercial stakes imperiled by Ukraine invasion
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...