Ottawa Buys Luxury Condo for Diplomats in New York

The Canadian government has acquired a luxury condo in New York City for the Consulate General of Canada at a cost of US$6.6 million (C$9 million).

According to a statement from GAC, the luxury condo will be used to accommodate consuls general, ambassadors, high commissioners, and will host networking receptions, official briefings, and hospitality events with business and political leaders.

GAC highlighted that the current residence for the consul-general was purchased in 1961, has not been renovated since 1982, and does not meet current building codes or GAC standards.

The purchase of the new condo is expected to save Canadian taxpayers $2 million in the long run.

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“In addition to representing a saving opportunity of Cad 2M$+ for Canadian taxpayers, it will also reduce ongoing maintenance costs and property taxes, support future program needs, and meet representational requirements,” the statement said.

The tower provides convenient access to cultural landmarks such as Carnegie Hall, Lincoln Center, and the Museum of Modern Art. The construction materials include terra cotta, glass, and bronze filigree, making it the “tallest, most slender skyscraper in the world,” according to the website.

Additionally, there is an outdoor terrace and lounge for entertaining, an onsite padel tennis court, a golf simulator, and a children’s playroom.

The bathrooms are adorned with veined white onyx walls and floors, along with a custom antique standing tub and bronze fixtures.

Criticism

Opposition House Leader and Conservative Party MP Andrew Scheer has raised concerns about the purchase. He questioned the price of the luxury condo, especially at a time when many Canadians are struggling with high housing costs.

The area where the condo is situated is known as “Billionaires Row” due to the abundance of upscale properties in the vicinity.

“We estimate that only 45% of households will have sufficient income to afford a condo, and even fewer, 26%, will be able to afford a single-detached home at current prices and interest rates,” the report authors wrote. “This is a decrease from 61% and 49% two decades ago, respectively.”