What’s the Big Deal? Eight figures for unfinished penthouse
November 15, 2015
Editor's note: "What's the Big Deal?" runs Sundays and is based on the most expensive property transaction recorded in Pitkin County each week.
Price: $25 million
Address: 535 E. Hyman Ave.
Buyer: NZC CO LLC, Delaware
Seller: Aspen Core Ventures
Property type: Condo-penthouse
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Year built: Under construction
Square footage: 10,000 (includes storage and parking)
Worth noting: First reported Friday in The Aspen Times, the transaction was made off market, meaning the property wasn't listed for sale. The sellers, Aspen Core Ventures, which is controlled by Andy and Nikos Hecht, plan to keep the building's remaining 20,000 square feet and lease it out to commercial tenants.
• Rowland+Broughton Architecture/Urban Design/Interior Design recently was recognized with a BEST Award in the "Live: Residential category" for a home in Aspen's West End neighborhood.
The honor came last month at the 5th annual International Interior Design Association Rocky Mountain Chapter's BEST Awards.
The home, touted as "Game On," is located across from the Aspen Institute and includes a relocated miner's cabin as part of a lot split.