did we already know this? Anyways…
View attachment 40242
“
A two-story penthouse at One Dalton that's reportedly owned by Dell Technologies founder Michael Dell is for sale for $35 million.
The condo being listed, Unit 6102, was bought for $34 million in January 2020. The unit in the ultra-luxury Four Seasons and Private Residences at One Dalton in the Back Bay is Boston's tallest residential tower.
If the unit sells for that amount, it
would matchthe highest price ever paid for a condo in Boston, which was for a 13,000-square-foot penthouse bought in 2016 atop the Millennium Tower Boston in Downtown Crossing.
The Wall Street Journal reported that Dell is the owner of the One Dalton condo, citing "records and people familiar with the transaction." The listing agent, Tracy Campion of Campion & Co., didn’t immediately return a message from the Boston Business Journal seeking comment.
The real estate market has changed since the unit was purchased just over three years ago, only a few months before the pandemic.
The median condo price in Massachusetts when the pandemic hit was $423,000, according to the Warren Group. It was $526,000 in May 2023. Mortgage rates — which may or may not be a factor for buyers who can afford an eight-figure price tag — have also risen significantly in the past year-and-a-half.
Boston has added several condo towers in the past three years, including a series of luxury buildings
in the Seaport and Winthrop Center,
which opened this spring as downtown's tallest building.
The One Dalton penthouse spans over 7,500 square feet, with a 570-square-foot double-height grand terrace with outdoor fireplace and a 50-square-foot private balcony, according to the listing. It includes five bedrooms, six full bathrooms and two half-baths.
The unit isn’t in Dell’s name but was bought by a trust. Dell was also the reported buyer behind a penthouse at the Millennium tower. That unit,
bought for $10.9 million in 2016, remains owned by the same entity — also not in Dell's name — as when he was the reported buyer.
Dell Technologies bought Hopkinton’s EMC in 2016, a few months before the Millennium condo purchase closed.”
liveboston617.org
050623_D0003 by Northeastern University Events, on Flickr
050623_D0003 by Northeastern University Events, on Flickr
IMG_0397
