Canada lists old NYC diplomatic residence for $13-million, surpassing cost of new luxury condo

Canadian News News

Canada lists old NYC diplomatic residence for $13-million, surpassing cost of new luxury condo
Canada NewsBreaking News VideoCanadian Breaking News
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 58 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 191%
  • Publisher: 92%

Global Affairs Canada says the new condo will save Canadian taxpayers millions of dollars, while Opposition Conservatives called the purchase “wasteful”

The luxury, residential skyscraper buildings of "Billionaires' Row" in Manhattan are visible from Central Park in New York City, Feb. 20, 2022. Canada is selling its former Manhattan residence, which used to house its consulate general in New York. THE CANADIAN PRESS/AP, Ted Shaffrey Canada is selling its former Manhattan residence, which used to house its consulate general in New York.

But the Opposition Conservatives charge that only Prime Minister Justin Trudeau and “his wasteful Liberal government would believe it was a better deal to quadruple the cost to taxpayers and buy a new luxury condo for $9 million instead of making repairs.”Seven years later, Global Affairs Canada approved renovations at a cost of $1.

The approved renovation project would not have resolved those “fundamental” issues, the letter said, and renovation costs had increased to $2.6 million. In search of a new official residence for the consul general in New York, the department worked with a local broker and viewed 21 different residences, ranging in price between $8 million and $21 million documents show. The government ultimately settled on a new luxury condo in Steinway Tower, a building known as the world’s thinnest skyscraper, and is just steps from Central Park.

Opposition Conservatives charge that it’s wasteful to drop millions on a new luxury condo for the prime minister’s “media buddy” while sticking Canadians with the bill as “they are struggling to afford a basic roof over their heads or food on their tables.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. Securities Commission finds $13-million in fraud by crypto trading platformB.C. Securities Commission finds $13-million in fraud by crypto trading platformThe panel found about a third of all the crypto assets that customers deposited with the platform between 2016 and 2019 were diverted
Read more »

The Moisturizer That Reviewers Call A ‘Miracle In A Jar’ Is Less Than $13The Moisturizer That Reviewers Call A ‘Miracle In A Jar’ Is Less Than $13A culture and product journalist for over ten years, Kevin is an expert in men’s style, gaming, coffee, hiking, gear, and all things outdoors. He most recently worked as a Reviews Editor for Runner's World, Bicycling, and Popular Mechanics, and previously served as Style Editor for Reviewed, a top product recommendation site owned by USA TODAY.
Read more »

Luxury heir alleges his US$13 billion Hermès fortune has vanishedLuxury heir alleges his US$13 billion Hermès fortune has vanishedAn octogenarian heir to the Hermès luxury fortune, who sparked controversy last year over a plan to leave his money to his gardener, may not have much to give away after all.
Read more »

This Sharpener Can Restore Your Knives From 'Butter Knife Dull' — And It's Only $13This Sharpener Can Restore Your Knives From 'Butter Knife Dull' — And It's Only $13A culture and product journalist for over ten years, Kevin is an expert in men’s style, gaming, coffee, hiking, gear, and all things outdoors. He most recently worked as a Reviews Editor for Runner's World, Bicycling, and Popular Mechanics, and previously served as Style Editor for Reviewed, a top product recommendation site owned by USA TODAY.
Read more »

Hurricanes re-sign Necas to two-year, $13 million contractHurricanes re-sign Necas to two-year, $13 million contractThe Carolina Hurricanes have agreed to a two-year, $13 million deal with forward Martin Necas, keeping one of its most skilled offensive players through the 2025-26 season.
Read more »

The $13 Amazon Sunglasses I'm Wearing Everywhere This SummerThe $13 Amazon Sunglasses I'm Wearing Everywhere This SummerKristen Adaway is a staff writer at HuffPost where she covers shopping trends and problem-solving products. She is based in New York.
Read more »



Render Time: 2025-02-16 08:16:56