There is a new record for the most expensive condo ever sold in DC, according to BizJournals. The $11 million sale of Penthouse 2C at 3150 South St. NW, the Ritz-Carlton Residences Georgetown breaks a record set just two months ago by another penthouse… in the same building.
“The Ritz-Carlton penthouse was first listed for $18 million in January 2021, then reduced to $14.5 million about eight months later to better reflect market dynamics.” according to the article. The record-breaking unit belonged to the late philanthropist Michelle Smith, the daughter of late developer Robert H. Smith whom the Maryland School of Business is named for.