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France wants $48 million for Park Avenue apartment

Indebted government in Paris is selling residence of its U.N. ambassador, located in one of New York’s most prestigious apartment buildings.

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France’s indebted government is selling the Park Avenue residence of its U.N. ambassador, located in one of New York’s most prestigious apartment buildings, for an asking price of $48 million, reports The Washington Post.

The sale of the 18-room, 7-1/2 bath duplex with five fireplaces is part of a long-planned sale of state-owned real estate to help France reduce its 1.9-billion euro ($2.6-billion) debt.

The Foreign Ministry confirmed Thursday that the apartment at 740 Park, once dubbed the world’s “richest apartment building,” was up for sale.

Former French ambassador to the U.N. Jean-Marc de la Sabliere said the sale was “very, very sad.”

Read more of this AP report published by The Washington Post.

La rédaction de Mediapart

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