April 16, 2024
Inside the Royal Family’s New York Real Estate Portfolio
Queen Elizabeth (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images)

Queen Elizabeth (Photo Illustration by Steven Dilakian for The Authentic Offer with Getty Images)

Very long are living the Queen — or at the very least her serious estate holdings.

Queen Elizabeth, Britain’s longest-reigning monarch, died Sept. 8 at the age of 96 at Balmoral Castle in Scotland, just one of quite a few royal residences unfold all over the United Kingdom.

But throughout the pond, the Queen still left behind a property portfolio far more befitting of American royalty: dozens of luxury residences dotting some of Manhattan’s most affluent neighborhoods.

The True Offer uncovered 24 these kinds of properties in town information, each owned by entities with some variation of “Her Majesty the Queen,” in their title. Most were being purchased in the late 1980’s and early 1990’s.

It’s not apparent what all of these homes are utilised for, even though a lot of are likely residences for diplomats from numerous Commonwealth nations. A a few-bedroom distribute at Zeckendorf Development’s 50 United Nations Plaza, for instance, which “the Queen” procured for $7.9 million in 2015, is truly occupied by the head of New Zealand’s mission to the United Nations.

On the Upper West Facet, entities beneath the title Her Majesty The Queen In Correct Of Canada obtained a few models at 107-113 West 89th Street in 1989 and 1990. Upcoming door at 103 West 89th Avenue, a deed from 1998 lists “Her Majesty the Queen” as the buyer of a rental. Somewhere else on the Higher West Facet, the crown owns a unit at the Lincoln Park at 211 West 71st Road, documents demonstrate.

Across Central Park, similarly named possession entities are tied to five models at Evans Towers at 171 East 84th Road, 4 at Le Chambord at 350 East 72nd Street and two more at the Wakefield at 525 East 80th Street.

Many properties owned by the crown are located in Midtown in the vicinity of the United Nations, which includes a device at the Dag Hammarskjold Tower at 240 East 47th Street, a few apartments at Global Plaza at 303 East 43rd Road, two at 309-321 East 49th Street and 1 at the Horizon at 415 East 37th Road.

Over and above New York, the royal family members controls much more than $2 billion value of real estate, according to a Wall Street Journal assessment, which include country estates, townhouses, city residences and, of system, castles.