Close X
Sunday, November 10, 2024
ADVT 
National

Canada lists old NYC residence for $13M, surpassing cost of new luxury condo

Darpan News Desk The Canadian Press, 15 Aug, 2024 03:17 PM
  • Canada lists old NYC residence for $13M, surpassing cost of new luxury condo

Canada is selling its former Manhattan residence, which used to house its consulate general in New York. 

Global Affairs Canada says the five-bedroom condo was listed today at over $13 million, which is expected to exceed the purchase price of its new $9 million condo located on a Manhattan street known as Billionaires' Row. 

The department says the new condo is smaller and more suitable, and that the old unit, which was purchased in 1961 and last renovated in 1982, needed updates to the electrical, heating, ventilation and plumbing. 

It says the old apartment also did not comply with the 2021 Accessible Canada Act, which mandates barrier-free environments.

Global Affairs Canada says the purchase of the new condo will save Canadian taxpayers millions of dollars, and reduce ongoing maintenance costs and property taxes while supporting future program needs.

Documents show Global Affairs Canada looked at 21 units ranging in price between $8 million to $21 million, before settling on the new condo located at Steinway Tower. 

 

MORE National ARTICLES

Canadian news engagement down significantly one year after Meta's ban: study

Canadian news engagement down significantly one year after Meta's ban: study
The Media Ecosystem Observatory study published today finds that Canadians’ total engagement with news content on social media has been reduced by 43 per cent, despite efforts to increase social media engagement on other platforms.

Canadian news engagement down significantly one year after Meta's ban: study

Crews install sprinklers on remaining Jasper buildings ahead of hot weather

Crews install sprinklers on remaining Jasper buildings ahead of hot weather
A wildfire rampaging through Jasper National Park remains out of control as crews work to reduce the risk of it spreading. Parks Canada says sprinklers have been installed on some buildings north of the park's townsite, as fire activity is expected to increase.

Crews install sprinklers on remaining Jasper buildings ahead of hot weather

BC smuggler convicted

BC smuggler convicted
A failed plan to smuggle hundreds of kilograms of methamphetamine to Vancouver Island has resulted in a conviction in Seattle for an American man. A jury in U-S District Court found John Sherwood guilty of conspiracy to distribute drugs, possession of drugs and conspiracy to commit international money laundering in the April 2021 scheme.

BC smuggler convicted

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns
Fisheries and Oceans Canada says "aids to navigation" will continue operating at both the Carmanah Point and Pachena Point light stations located along the Vancouver Island coast that's also home to the famed West Coast Trail. The light keepers will move out of the buildings before winter weather arrives.

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

Suspicious fire at Surrey home

Suspicious fire at Surrey home
Police on Vancouver Island say they have arrested a suspect after a suspicious fire at a home in Sidney. R-C-M-P say officers responded just before 2 p-m yesterday. They say the blaze required a response from the North Saanich, Sidney and Central Saanich Fire Departments.

Suspicious fire at Surrey home

Home invasion in Port Moody

Home invasion in Port Moody
Police in Port Moody say a man has been changed over allegations he tried to steal cryptocurrency in a violent home invasion earlier this year.  Officers were called by a third-party to request a check on the well-being of a family on April 28th and found multiple victims who needed treatment for several injuries. 

Home invasion in Port Moody