One Dalton Update 04/10/17

One Dalton residence sells for $40 million, setting new Boston condominium sale record


A luxury residence at the Back Bay’s upcoming 61-story One Dalton tower has reportedly sold for $40 million, which would surpass Boston’s current condominium sale record by $5 million. The sale of a 13,000 square foot penthouse at Downtown Crossing’s Millennium Tower closed last August for $35 million, claiming Boston’s current sales record. The Millennium Tower penthouse sold for nearly $2,700 per square foot; square footage of the One Dalton residence which sold for $40 million has not yet been revealed.


Sales of One Dalton’s 180 luxury residences have not yet closed; a number of residences are reportedly under agreement with sale prices starting at $2.5 million. In an interview with Bloomberg, Richard Friedman, CEO of One Dalton developer Carpenter & Company, said that One Dalton is “the fastest-selling residential project in Four Seasons history,” and that about 90% of One Dalton buyers are American, with a large majority hailing from Boston. “We’ve sold to no Russians. Maybe one person from China, but they have a relationship to Boston, and a few units to people from Europe or the Middle East,” said Friedman.

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