{"id":1820769,"date":"2015-03-03T09:00:33","date_gmt":"2015-03-03T14:00:33","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=1820769"},"modified":"2015-03-02T13:18:20","modified_gmt":"2015-03-02T18:18:20","slug":"san-franciscos-lumina-penthouse-sets-new-record-49-million-ask-price","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/san-franciscos-lumina-penthouse-sets-new-record-49-million-ask-price\/","title":{"rendered":"San Francisco’s Lumina Penthouse Sets New Record with $49 Million Ask Price"},"content":{"rendered":"

That rumble you hear in San Francisco\u2019s South of Market district isn\u2019t another California tremor or even the echoes of construction. It\u2019s the city\u2019s record-setting $49 million asking for the penthouse apartment in \u201cLumina\u201d\u2014a collective of two luxury towers to be completed in the summer of 2016.<\/p>\n

Developed by Tishman Speyer, Lumina will house 656 modern units, priced from\u00a0approximately $2 million for two-bedroom apartments and up. It\u2019s the penthouse on the 41st and 42nd floors of the residential, however, that\u2019s generating all the buzz.<\/p>\n

\"The<\/a>
The Lumina penthouse offers five bedrooms, seven bathrooms, two kitchens, eight terraces and 20-foot-tall ceilings along a curvilinear wall of glass overlooking the Bay Bridge<\/span><\/figcaption><\/figure>\n

According to the The Wall Street Journal<\/em>, the roughly 15,000-square-foot penthouse will spectacularly showcase five bedrooms, seven bathrooms, two kitchens(!), and eight terraces covering 1,200-square-feet with private rooftop deck access. The home’s\u00a0pi\u00e8ce de r\u00e9sistance are\u00a0its astounding 20-foot-tall ceilings coupled with a curvilinear wall of glass overlooking the San Francisco Bay\u00a0and Bay Bridge.<\/p>\n

The Lumina towers will also offer residents amenities such as a fitness center, resident lounge and parking. The only missing amenity is a mobile-app service that delivers organic groceries\u2014no wait, residents will have access to that too!<\/p>\n

\"Lumina<\/a>
Lumina will occupy the 41st and 42nd floors. It is generating healthy sales and interest from tech executives.<\/span><\/figcaption><\/figure>\n

The property\u2019s listing agent, Gregg Lynn<\/strong> of Sotheby\u2019s International Realty, confirmed to the Journal<\/em> that the ask price sets a San Francisco record. The newspaper states that nearly one-third of the units are under contract (200 of 656 residences) with 80% of buyers local to the area. However, the booming tech industry means Silicon Valley execs are swirling around the property like sharks after a sea lion San Francisco Bay. Lynn hinted to the Journal<\/em>, \u201cWe see a technology guru buying the unit,\u201d although the penthouse sale hasn’t been confirmed.<\/p>\n

With tech “gurus” from Google, Facebook, Oracle, Apple, Yahoo, Ebay, Cisco, HP, Zynga, Uber etc. in the area, the bidding could be a heavyweight Silicon showdown (the \u201cThrilla in the Villa\u201d). It\u2019s likely the actual\u00a0price could top $49 million. We know how competitive these Silicon Valley geniuses can be. If there\u2019s a win to be had, they will buy it\u2014penthouse or not. Like Wall Street, sometimes, ego is more of a factor than price in Silicon Valley. But here, gurus collect trophies in jeans instead of a suit and tie.<\/p>\n

Photos and details courtesy of the Wall Street Journal<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The penthouse at San Francisco’s future Lumina towers is expected to fetch nearly $50 million\u2014a figure that would set a new city record.<\/p>\n","protected":false},"author":57,"featured_media":1847007,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1749,4865,1],"tags":[8062,100,8063],"class_list":["post-1820769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hlrn","category-house-of-the-week","category-news","tag-lumina","tag-san-francisco","tag-silicone-valley","market-san-francisco-county","style-modern-2","speciality-luxury-residential"],"acf":[],"yoast_head":"\nSan Francisco's $49M Lumina Penthouse Sets New Record<\/title>\n<meta name=\"description\" content=\"The penthouse at San Francisco's future Lumina towers is expected to fetch nearly $50 million\u2014a figure that would set a new city record.\" \/>\n<meta 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