The tower of power: 740 Park Ave.

pastedImageBy Lia Veley

If you were a billionaire, what place would you like to call home?

If your answer isn’t 740 Park Avenue New York, New York, then you’re wrong. New York City is home to those wealthy individuals who fall into the top 1% of the top 1%. This is a trend that goes back at least 200 years with New York representing wealth and prosperity.

This extremely lavish apartment building is home to more billionaires then anywhere else in America. The building sits on one of the most famous streets in the world in the coveted Lenox Hill neighborhood in Manhattan. The tenants of this building are mainly hedge-fund moguls who are fortunate enough to have made their way to the top of the food chain and can afford to pay an average price of $25 million for one of the 32 units at 740.

And don’t forget that the people who call this place home don’t only reside here. They have homes all over the world, but are lucky enough to call 740 Park Ave. their home base.  So while most of us are moving a top hat around a cardboard square hoping to land on that most famous Park Ave. space and claim it as our own, keep in mind that to live on real Park Ave, you need a lot more than $1500 in monopoly money.


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