Friday, February 22, 2008

$2,700/sq ft in Century City

The Century, A M Stern Tower in Century City, Los Angeles

A 38th floor condo in A. M Stern's the Century, under construction on Avenue of the Stars, fetched a whopping $2,700/sq ft, a new high for Los Angeles, reports the LA Times. The previous record was an underwhelming $1,700 sq ft for a unit at Doheny and Sunset in West Hollywood. The buyer should reserve all hubris as the $15 million price is a pittance compared to the $30 million penthouse currently on the market.