New building pictures: $70 million St.Regis Penthouse in San Francisco

Looking for the perfect gift? How about a $70 million dollar penthouse in San Francisco? Purchased for roughly $30 million as a raw shell in 2005, a real estate developer Victor MacFarlane has placed his huge St. Regis penthouse on the sales block for $70 million, a figure that would obliterate the previous record price tag for a San Francisco residence. Created by international award-winning interior design firm Orlando Diaz-Azcuy Design Associates, this exquisite two-story, grand penthouse designed for city living boasts floor-to-ceiling glass walls soaring 22 feet and incomparable 360-degree views of many San Francisco landmarks.

This luxury penthouse features over 20,000 expansive square feet, including 2,900 square feet of terraces – one of the largest personal residences in all of San Francisco. One of the largest and most luxurious properties outside of Manhattan, the Museum Tower Penthouse atop the St. Regis Residences in San Francisco is one of California’s premiere residences. The question isn’t who would pay $70 million for a penthouse in this sinking ship of an economy, but rather what should the common Californian be thinking about when their pension fund is being held and managed by a real estate investment fund.
Tags: new building pictures, luxury goods, most expensive

Via:  sfgate