Europe’s rabble has to save a bit now – the diplomatic representation of the European Union, the European External Action Service (EEAS), feels unburdened by the current economic crisis and any thoughts about setting an example: As the magazine “Politico” has now revealed, they want to The EU bureaucracy bought an 11-room apartment at 138 East 65th Street in New York’s Upper East Side – with 20 million euros in tax money.
The fine little house has just been renovated for seven million euros and looks pretty neat: It’s only a few minutes’ walk to nearby Central Park, and the location of the new EU district couldn’t be better chosen.
The EU diplomats will probably also feel comfortable inside during their visits: Ralph Lauren designed the leather wallpaper for the dining room. And in front of the entrance, snow-melting tiles have just been relaid so that the Budapesters and Manolo Blahniks of the EU delegations don’t suffer in winter. The elevator, which is upholstered with the finest leather, is also said to be a hit.
The EU representatives believe that the purchase of the property at 138 East 65th St. is a “safe investment”: Real estate prices would continue to rise, and the 20 million euros were well invested.