The Secret Service is Fifth Avenue’s hottest new amenity
Some of the most expensive real estate in New York City — and the world, in general — has always found a home at Fifth Avenue, where a square foot can go for $3,200. Add a roster of high profile executives, politicians and cabinet picks visiting Trump Tower regularly, and that brings a continuous stream of pedestrian activity. And, of course, much more law enforcement and security for the President-elect.
Some are keen on making the best of that situation. According to Politico, Douglas Elliman, New York City real estate agent, is now advertising a 1,000-square-foot condo in Trump Tower worth $1.2 million. He’s using the following in an email blast:
“Fifth Avenue Buyers Interested in Secret Service Protection? The Best Value in the Most Secure Building in Manhattan. The New Amenity — The United States Secret Service.”
According to New York Mayor Bill De Blasio and several reports, providing security for Trump Tower can cost the city between $500,000 to $1 million. And with President-elect Trump saying that he will split time between the White House and Trump Tower, might both city security and the secret service be year-round amenities for potential buyers?
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.