Things aren't that much different in Australia - Kings Cross, the entertainment/sex/drugs centre of Sydney has been crowned in recent years by a very ritzy 38 storey building (on Kings Cross Rd) called "The Elan - No. 1 Kings Square, Rushcutters Bay". Rushcutters Bay is the next suburb down the hill (all the suburbs down the hill are very exclusive)& obviously the developers didn't want to scare off rich buyers. One of these buyers who wasn't scared off bought 2 of the 4 penthouses off the plan & combined them to create his perfect home (or maybe just his inner city apartment).

By the way Kings Cross has become a much more exclusive suburb over the past 20 years, but still has a sleazy name. Some folks wouldn't go near the place & others enjoy living there.