The reports were tantalizing, but someone else was behind the expensive purchase.
The deed for the purchase of a more than $US6 million condo was made out to “His Majesty the King in Right of Canada.”
A palace spokesperson flatly denied that the condo had been bought by King Charles and pointed to a similar rumour involving a different property. He may have been referring to the purchase in 2015 of a 2600-square-foot condominium directly across from the United Nations for $US7.9 million. Both New Zealand and Canada are among the 56 independent countries that make up the Commonwealth, and real estate experts who track the Manhattan market say that it is not uncommon for the governments of Commonwealth countries to buy flashy condominiums — both as a home base for their diplomats and as a place where they can entertain and represent their country.
The consulate got a sizable discount: According to Ondel Hylton of CityRealty, the unit was listed for nearly $US11 million as recently as 2022. The building, while beautifully situated and sporting stately architecture, has faced deep discounts in recent years, said Hylton, a result of post-pandemic troubles.“New York City is an international city. We are home to the United Nations.
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