When news broke this summer that Canada was spending $9-million on a luxury condo on New York City’s Billionaire Row for its consul general, it raised eyebrows and generated heated debate in Parliament. Trudeau government spends $9 million on luxury condo for New York Consul General Here’s what to know about New York’s priciest neighbourhood. First, it’s not specific to New York.
Florida’s Palm Beach famously has a Billionaires’ Row, and neighbourhoods in oil-rich Dallas and the former Gold Rush town of Valdez, Alaska, have used the term to refer to pricey patches of real estate. Canada even has a Billionaires’ Row, on the north tip of Lake Joseph in Ontario’s Muskoka region. It’s not even a new term.
The Boston Evening Transcript of Dec. 22, 1902, reported: “I. Townsend Burden of New York will build a costly mansion one block north of Andrew Carnegie’s house in Billionaire Row, New York.
It will front on the south side of Ninety-Second street, near Perry Belmont’s four valuable lots of vacant land.” Note the singular “Billionaire” and the location, midway along Central Park. New York’s modern Billionaire’s Row is a cluster of buildings at the south end of Central Park, many of them on West 57th Street, which is just two blocks south of the park.
Several of the buildings, including 111 West 57th Street, home of Canada’s consul general , are classed as super-tall buildings, meaning they are higher than 300 metres. At 435 metres, 111 West 57t.
