NEW YORK, April 10 (UPI) -- France announced its United Nations ambassador’s residence, on Park Avenue in New York City, is for sale, part of the country’s effort to cut its budget deficit.
The 18-room duplex apartment on the 12th and 13th floors of 740 Park Avenue is on the market for $48 million. It has monthly maintenance charges of about $24,000. France acquired the apartment, in the tower built in 1929, in 1978 for $600,000.