Candy Spelling, widow of TV mogul Aaron Spelling, has purchased the top two floors of a new condo development in Century City, Los Angeles for an astounding $47 Million.
The 16,500-sq.-ft. penthouse is on the top floor of a residential tower ("The Century") currently under construction and is the highest price ever paid for a condo unit in Los Angeles.
She's paying $2,848 a square foot.
The previous record of $2,700 was set at the same Century City tower project in February 2008. It is being reported that the Master Bedroom Suite will measure 4000 sq ft.
Mrs. Spelling is downsizing her lifestyle by moving from her 123-room, 56,500-square-foot mansion in Holmby Hills in Los Angeles (The largest home in LA County). The house is For Sale with an asking price of $150 Million.