King Charles III has made a real estate investment in New York City which has left NYC in wonderment. However, situated on Billionaires’ Row in Manhattan, this $6.63 million home has a fascinating story behind it. Amidst the rumors of the purchase, a complex reality exists.
King Charles’ Luxurious NYC Property
The NYC property of King Charles is 3600 square feet and is located at 111 West 57th Street near Central Park. This luxurious space has 3 bedrooms and 4.5 bathrooms. Residents enjoy many benefits, such as the 82-foot swimming pool, huge terrace and lounge and dining area with catered food service.
In addition to the features offered in the building, the condo itself has grandeur. White stone flooring is the first look of the condo at the foyer while the home itself boasts parquet design in gray oak floors. The master bedroom has a spacious walk-in closet, and the bathroom has white Italian marble with custom bronze fittings.
Behind The Purchase: Canada’s Diplomatic Mission
Although many believed at first that the condo was bought by King Charles III, the deed of the condo revealed otherwise. “His Majesty the King in Right of Canada, represented by the Minister of Foreign Affairs” is the title of the deed and also an official designation as Canada’s head of state.
The property was actually purchased by Global Affairs Canada as the official home of the Consul General of Canada. The reason behind this purchase was to offer reasonable accommodation for the diplomats. The previous property bought in 1962 had to be changed as it was no longer up to the required standards.
The reason behind the location of the new property is to ensure presence in the midst of where all major diplomatic, financial and cultural hubs exist. Another reason for choosing this location was the Steinway Tower being in close proximity to host diplomatic events and functions.
The History and Connection of The Royals and NYC
These rumors regarding the property purchase have some historical contexts attached due to the legal classification of the property deed. A similar confusion occurred when a condo was bought under the deed of “Her Majesty the Queen in Right of New Zealand” near the United Nations for similar reasons.
It can easily be determined by these cases that purchasing real estate for diplomatic reasons by Commonwealth nations has many regulations that must be adhered to. A monarch’s name to be used in legal documentation is a common practice, shedding light on recognizing the British monarch as head of state.
The purchase of this condo by Global Affairs Canada highlights the diplomatic significance of New York City. However, this official purchase is not the only real estate news linked to the royals. Princess Beatrice looked for an apartment in Manhattan, while Prince Harry and Meghan were also hunting for a home in NYC, adding to the mystique of royals and real estate in New York City.
