Heather Mills has splashed out over $5 million on a New York apartment.

The former model - who won $50 million in her divorce settlement from Beatles legend Sir Paul McCartney - will be living in the same exclusive area as fashion designer Calvin Klein and actress Nicole Kidman.

A real estate expert said: "It's a very special property. She will have important neighbors."

The apartment is in the prestigious 173 Perry Street block, designed by architect Richard Meier.

It is located in the city's West Village area and lies just half a mile from a store owned by Heather's ex-stepdaughter, fashion designer Stella McCartney.

British-born Heather will live in the apartment with her four-year-old daughter Beatrice, from her marriage to Paul.

Heather, 40, was awarded the huge divorce settlement in March after her four-year marriage to Paul, 65, broke down in 2006.

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