The Tower at Carnegie Abbey

The Tower at Carnegie Abbey
A project in Portsmouth, Rhode Island will ring in a new era of luxury living for the town near Newport, once the summer home of some of America's richest and still an excellent place to while away the summer. The Tower at Carnegie Abbey will have 80 condos in the 220-foot-tall tower. The tower is part of the $220 million Carnegie Harbor Village complex which includes the Carnegie Abbey golf course and sporting club. The tower has views of Narragansett Bay and will have 24-hour concierge service, a fitness center and spa. The interiors are designed by Ralph Lauren Home and the building is expected to be a second home for wealthy tenants. At the base of the tower there are 21 Royal Cottages, which are townhouses selling for $2 to $3 million and 35 waterfront estate lots have been sold. The units in the tower range from $695,000 to $7 million for the penthouse. Around half of the units have already been sold and occupancy is expected for next year.