GDoN “upper level solarium” edition

DC8702278 - Exterior (Front)

This unit is located at 1111 23rd Street, Northwest. The listing says:

“NEW LISTING! Stunning Ritz penthouse gorgeously and extensively renovated from a 5BR to 3BR with an extraordinary mahogany library and climate-controlled wine cellar. Features an upper level solarium with a large rooftop terrace, 3 add’l terraces (totaling 2,200sf), and 3 reserved parking spaces. Building features 24-hr concierge, doormen, and valet. Truly a remarkable property.”

DC8702278 - Living Room

You can see more photos here.

This 3 bed/4.5 bath is going for $6,900,000 ($6,080 monthly fee.)

52 Comment

  • As the Countess would say, money can’t buy you class.

  • You wouldn’t want a lower-level solarium, those are for chumps.

  • I can’t claim to understand prices at this amount, but I can think of a LOT of places for under 3M that I’d rather have than this place.

    • This place is a tax/illicit funds shelter for a foreigner who will be in DC twice a year and has excess cash. This place will be empty 95% of the time.

      • I understand the spirit of this hypothesis, but it still makes no sense. In order for it to be an effective shelter, it has to retain value. Which means it only makes sense as an investment if it is priced at a level someone else might plausibly purchase it at. So, we arrive again at WTF.

        • sell it to the next person looking to park illicit money. Or be willing to lose a chunk of change in order to save the rest of the change.

          • If the purpose is money laundering then you can take a loss because frankly you wouldn’t be able to easily use the money as cash. More likely this was just owned by someone with a lot of money and no taste.

          • +1 to money laundering.
            Even if you sell at a loss, you’re getting “clean” cash back when you sell. Cash with a legit paper trail, too. That’s cheaper than a corrupt and risky Caribbean banker who will skim 15% off the top.

  • HaileUnlikely

    Other than the roof deck, I don’t particularly like anything about this. I’d take yesterday’s GDoN over this one in a heartbeat, even if they were priced the same.

  • that kitchen looks super outdated. no thank you.

  • This unit does not even remotely seem like it is worth $7 million. Maybe $2-2.5 million tops, IMHO.

  • I Dont Get It

    Ok we get it, you have money.

  • Not my taste, but I don’t hate the way it looks. If that’s what you’re into, it isn’t done poorly. That being said, this isn’t New York and I don’t see many people being in the market for a condo at that price point. Maybe an international buyer.

  • I’m so happy I’m not rich, because the 1% kidnap you and brainwash you into liking ostentatious, stuck in the 80s, crap like this when your net worth reaches $5M.
    Phew, I’m safe for another $4.something, something million.

  • This would make for a decent pied-à-terre if you don’t mind being that close to the poors.

  • I just can’t even wrap my head around those monthly payments.

  • Who ever thought those ceilings were a good idea? They hurt my eyes. And what use is a terrace that just looks out into other buildings? Price is absurd.

  • Enjoy the construction of a new building/West End library that is ongoing across 23rd street for the next 2 years.

  • Pablo Raw

    For that amount someone could buy a house on a nice location, renovate it, get a new car. Then wouldn’t need to pay that 6k monthly fee nor 20k in taxes.

    • Yes, but you also don’t get a doorman/concierge who literally does everything for you. They bring your groceries up and unpack them, hang your dry cleaning up, etc. etc. I’m not saying that is worth $6,000 or that this is a good deal, but the person buying this is probably not very interested in whether this is a good deal. They want certain things in certain places. This buyer is a person who literally has probably never stepped foot in a grocery store in their life. They want to roll up in a black Benz, walk right into an elevator and step out into a big condo and literally never lay eyes on a normal human being.

      I can think of a few Presidential candidates who would totally live in this.

  • “there’s no solarium, there’s no other solarium, there’s no Prickly Pete….”

  • The “You Can Never Be Too Rich or Too Thin” pillow in the family room is a nice touch.

  • tonyr

    But, it comes with its own Mona Lisa AND a Van Goch

  • I love those terraces! But this apartment is bananas. It looks like the home of a rich, evil businessman from a movie. LOL @ at their “You can’t be too rich” pillow!

  • I know this is dumb, but what does GDoN stand for??

  • justinbc

    I like some parts of it. I hate their art though.

  • Well, the location is great and the size is huge, so not surprised its in the millions – when you take into account price per sf, it starts adding up. Even then, i am guessing its too high by at least 2 mil. And the design and decor seems to have a multiple personality disorder. Some stuff looks very modern – lot of it is very traditional, or really dated and frumpy. Whoever buys it is also looking at more expenses for renovations…

  • That price is insane. You can buy an outstanding place in Georgetown/Dupont plus a great vacation home somewhere with money left over. I agree that this was probably owned by (and will continue to be owned) by an extremely wealthy foreigner who wants to park money and is barely in DC but requires a very high standard of living when he/she is in town.

    I’ve heard that members of the Saudi royal family live in the residences at the Ritz; perhaps this unit is owned by one of them.

    • It’s owned by a Bosnian “businessman” who sounds corrupt as f#ck. Explains the tackiness.
      balkaninsight. com/en/article/fixer-fazlic-s-chequered-past

    • PS – I highly recommend putting in the address of the Ritz Carlton Residences into the DC property tax database. You get an entertaining list of shell companies, anonymous trusts, and revolving-door slimeballs.

  • Quotia Zelda

    I didn’t even click through to the listing because the photo here was so unappealing. I love an interesting ceiling, but if you’re going to have such a densely ornamented ceiling, it needs to be much higher. That alone is enough to make me look elsewhere to spend my nonexistent millions.

  • You’ve gotta be kidding me with this one….

  • 6k per month? 72k alone a year in fees…that could get you a lot in house. but that’s not how the buyer of this would think. bet it goes to some saudi royal.

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