I think I figured out the interpretation.
In Midtown, $1.6 million U.S. would probably get you a studio apartment, which sounds like it would not be adequate for the needs of the consulate.
On August 27th, 2024. See this statement in context.
August 27th, 2024 / 11:25 a.m.
President and CEO, Miller Samuel Inc.
I think I figured out the interpretation.
In Midtown, $1.6 million U.S. would probably get you a studio apartment, which sounds like it would not be adequate for the needs of the consulate.
See context to find out what was said next.