Hannah R.E. Inv., Stillwater Inv. & Summer Ptrs. sell Grand Penthouse for $1.675m

April 01, 2009 - Connecticut

Interior, 1515 Summer Street - Stamford, CT

Seth Weinstein

Seth Weinstein, principal of Hannah Real Estate Investors, the Stamford-based property development and investment company, and his partners Paxton and Ray Kinol of Stillwater Investment Management and Steven Wise of Summer Partners, LLC, have sold the Grand Penthouse for $1.675 million at their award-winning property, The Metropolitan. The Grand Penthouse is the most expensive condominium apartment that has ever sold in Stamford. Located at 1515 Summer St. in downtown Stamford, the Metropolitan is Stamford's first and only Manhattan-style loft experience.
Views and interior and outdoor living space distinguish both the Metropolitan's remaining unsold duplex penthouse and the recently sold Grand Penthouse. These exclusive residences offer the ultimate in fine city living with chic interiors, and private outdoor terraces.
"Selling the most expensive penthouse in Stamford, during a time when the real estate market has been impacted by the national economic slowdown, clearly illustrates just how desirable The Metropolitan is to sophisticated homebuyers," said Weinstein.
The Grand Penthouse features 3,373 s/f of space and a private 1,500 s/f terrace that wraps the entire flat. With southern, eastern and northern exposure, the Grand Penthouse runs the full length of the building with vistas from every room. The penthouse features four bedrooms, four and one-half baths, including a master suite complete with a spa bath, walk-in closets and dressing room. The fourth guest suite or library has an attached exercise area and private bath. The entry, dining, kitchen, and living rooms flow seamlessly along panel after panel of glass with views spanning Long Island Sound.
Maria Ruggeberg of the New Homes Division of William Raveis Real Estate, sales director for the property, said, "The Penthouses at The Metropolitan, located eight stories above the lobby, are the building's crowning jewels. The remaining duplex penthouse is perfect for anyone seeking a multi-level, cutting edge living environment amidst all the excitement of Stamford's downtown."
The Metropolitan's soft gray stucco, natural copper and stainless steel façade opens to the modern lobby with metallic tile and glass walls, and Italian cream and gray ceramic floors. A full-time concierge is available to assist residents and their guests.
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