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The 10 Richest Streets in the World


The Times of London has come up with a new list of the world's 10 richest streets based on property prices. The most expensive street on the globe, unsurprisingly, is in ultra-rich Monaco - Avenue Princess Grace, to be exact, where average prices run about $17,000 per sq. ft. It's a pretty safe bet that anyone with an address there is a millionaire at the very least. In second place is Severn Road in Hong Kong's Victoria Peak district (above), where the average price is about $11,000 per sq. ft. Here are the rest of the runners-up:
No. 3 - Fifth Avenue, New York
No. 4 - Kensington Palace Gardens, London
No. 5 - Avenue Montaigne, Paris
No. 6 - Ostozhenka, Moscow
No. 7 - Via Suvretta, St, Mortiz, Switzerland
No. 8 - Carolwood Drive, Beverly Hills
No. 9 - Wolseley Road, Sydney, Australia
No. 10 - Altamount Road, Mumbai, India

Gallery: World's Richest Streets

Avenue Princess Grace, Monaco, #1Fifth Avenue, New York, #3Kensington Palace Gardens, London, #4Via Suvretta, St. Moritz, #7Carolwood Drive, Beverly Hills, #8

Betsey Johnson's Apartment, Estate of the Day

Today's home brings up the age-old question, when does a woman outgrow the love of pink everything. If you check out fashion designer Betsey Johnson's New York apartment the answer seems to be that you can live in Barbie's dream apartment well into your dotage. The aging designer is preternaturally bouncy and giddy for her age but still perhaps even she has grown weary of her two-bedroom penthouse. The loft in the Gold Coast area of Fifth Avenue is described in the listing as a "lavishly presented confection of fifties Hollywood glamour trimmed in lace, velvet, and gold tassels." Underneath there somewhere is a rather nice apartment with great views and a nice roof deck. It's just hard to see for all the flounce. It is listed at $3.6 million. The listing pics are pretty small but Radar has them bigger.

For another look at Betsey's home decorating style, check out Betseyville, her Mexican getaway home which is available for rent.

Gallery: Betsey Johnson's Pink Palace

Continue reading Betsey Johnson's Apartment, Estate of the Day

Koch Sells 1040 Fifth Avenue

David H. Koch, number 33 on Forbes Magazine's list of the world's billionaires, is selling up to accommodate his growing family and putting his 1040 Fifth Avenue apartment on the market. The apartment occupies the entire 15th floor of the building and was once owned by Jacqueline Kennedy Onassis. Koch purchased it in 1995 for $9.5-million and spent and estimated $5-10 million on renovations. He and his wife felt they needed a larger space to raise what will be their third child, though the apartment at 1040 Fifth has four bedrooms, two dressing rooms, a staff room, a library, living room, dining room, conservatory, two terraces, three fireplaces, five and a half bathrooms and a wine room. The family is moving to 740 Park, which Koch says is a duplex twice the size of the Onassis apartment. The asking price is $32 million.

[Photo NYT]

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