Most toddlers are given soft toys or parties to celebrate their milestones. Others get multi-million-dollar apartments in Manhattan.
A woman in China has done just that, buying a $6.5 million apartment at the Uber-luxury building One57 in Manhattan for her daughter.
The woman’s daughter will be in wealthy company as the building, which will be finished next year, will also be the future home to several international billionaires.
According to the New York Times, the billionaire buyers include at least two others from China, a Canadian, a Nigerian and a Briton, as well as several wealthy Americans. The building’s developers said that a handful of buyers were "significant Forbes billionaires".
Kevin Brown, senior vice president for Sotheby's International Realty, told China's state-run news channel CCTV News this week that he was touring Manhattan with the mother when he asked her why she wanted to buy. "She said that it had to do with her daughter, who was either going to go to Columbia or NYU, maybe Harvard, and so she needed to be in the centre of the city, and that was the reason why she was picking this one particular apartment," he said.
"I said, 'How old is your daughter?' And she said, 'Well, she's two.' And I was just shocked." The building previously made headlines in New York during Superstorm Sandy when a crane dangled from the roof due to strong winds. Formerly known as Carnegie 57, One57 is a 90-storey skyscraper at 157 West 57th Street.