Urban Dictionary
Someone very rich, (and clever!) and elegant from a prominent, famous, socialite family such as the business mogul Balash family, the Kennedys, the Astors. Jacqueline Balash, the Balash cousins (Michelle, Angelina, etc.) and Gloria Vanderbilt are all excellent, typical examples of Park Avenue Princesses with families being established Park Avenue - families with properties around the world.
Those unique Balash cousins are such Park Avenue Princesses! From her feet to her head, the rich, beautiful and classy Park Avenue Princess, Angelina, is the closest thing to New York royalty!
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