The colossal crustacean was caught weeks ago after surviving more than seven decades in the sea. When the New York Aquarium heard about the catch, it put in a bid before someone started melting butter.
"He's a magnificent creature that has been delighting our guests since his arrival," said Jon Forrest Dohlin, vice president and director of the New York Aquarium.
According to aquarium officials, the general formula to estimate a lobster's age is its weight in pounds multiplied by four, plus three. This equation makes the giant lobster 75 years old.
The Guinness World Records marks the largest recorded lobster at 44 pounds and 6 ounces with more than 180 years under its belt. That lobster was caught in 1977 off the coast of Nova Scotia.