France Sells Prestigious Ambassador’s New York Apartment to Meet Budget Cuts

France is currently undergoing a number of impressive cuts in order to bring its growing budget deficit down by 50 billion euros, to meet European Union regulations. One such recourse—selling the French ambassador’s 18-room duplex at 740 Park Avenue in Manhattan. Nicknamed the “Millionaire’s Building,” 740 Park Ave. is one of New York City’s most […]