The federal government has purchased a US$6.6 million (C$9 million) luxury condo in New York City for the Consulate General of Canada. The statement says the condo will provide residences for consuls general, ambassadors, high commissioners, and will be used for networking receptions, official briefings, and hospitality events like discussions with business and political leaders.
GAC noted that the current residence for the consul-general was purchased in 1961, has not been refurbished since 1982, and does not meet new building codes or GAC standards. GAC said the purchase will save taxpayers $2 million. “In addition of representing a saving opportunity of Cad 2M$+ for Canadian taxpayers, it will also reduce ongoing maintenance costs and property taxes, supports future program needs, and meets representational requirements,” the statement said.
The tower allows easy access to cultural landmarks including Carnegie Hall, Lincoln Center, and the Museum of Modern Art. Materials used in the construction include terra cotta, glass, and bronze filigree. The website says it is the “tallest, most slender skyscraper in the world.
” It also has an outdoor terrace and lounge for entertaining, an onsite padel tennis court, a golf simulator, and a children’s playroom. The area where the condo is located is referred to as “Billionaires Row” due to the number of luxury properties in the area. “We estimate only 45% of all households would have the income to own a condo and a sm.