Canada selling one New York apartment to cover cost of new M condo

Canada selling one New York apartment to cover cost of new $9M condo

by

Politics

Global Affairs Canada says the sale of one of its apartments in New York City is expected to cover the cost of a brand-new luxury condo it recently purchased for $9 million.

The Canadian Press ·

The listing for the new residence of the Consulate General of Canada in New York says ‘a spacious living room provides southern exposure and custom smoke gray oak floors in a parquet pattern, while the adjacent dining room provides eastern exposure and plenty of space for entertaining.’ (Streeteasy.com)

Global Affairs Canada says the sale of one of its apartments in New York City is expected to cover the cost of a brand-new luxury condo it recently purchased for $9 million.

The Canadian government owns two apartments in a Park Avenue building in Manhattan, one of which is currently used as the official residence for the consul general in New York.

The second apartment is used by Bob Rae, Canada’s ambassador to the United Nations.

Global Affairs Canada says the former is being readied for sale, but won’t disclose what the listed price will be.

A white bedroom
The corner primary bedroom ‘offers bright southeastern exposure, and is outfitted with a large walk-in closet,’ according to the listing. (Streeteasy.com)

A spokesperson says the new condo was bought because the old unit isn’t up to code and doesn’t meet the department’s standards.

Ottawa revealed it was behind the recent condo purchase after New York real-estate circles speculated that King Charles himself bought the unit — since language on the deed cites “His Majesty the King in right of Canada.”

The Opposition Conservatives have made hay over the price tag, with leader Pierre Poilievre vowing to fire consul general and former media personality Tom Clark if he becomes prime minister.

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