Christian Candy finds buyer for Plaza PH after $20M price cut

Triplex was last asking $39.75M

TRD NEW YORK /
Jun.June 14, 2017 09:30 AM

1 Central Park South, PH 2009 and Christian Candy (Credit: Getty Images)

A deep-pocketed buyer just scooped up developer Christian Candy’s Plaza Hotel penthouse following a $20 million price chop.

The triplex — which hit the market asking $59 million in 2013 — went into contract after asking $39.75 million, according to StreetEasy. Candy — who built London’s One Hyde Park — paid $25.92 million for the 6,300-square-foot apartment in 2012.

The pad, which spans the 19th through 21st floors, has four bedrooms and 2,300 square feet of entertainment space, plus a 1,000-square-foot master floor suite that has a 31-foot-wide terrace.

Candy, who’s known for developing ultra-luxe homes worldwide, sold a mansion at 19 East 70th Street to financier Leon Black for $50.25 million in 2014. Candy paid $35 million for the home.

At The Plaza, Candy cut prices and switched brokers several times. Most recently, it was listed with Sotheby’s International Realty’s TRData LogoTINY Elizabeth Sample and Brenda Powers, who took over from Douglas Elliman’s Noble Black and Tal and Oren Alexander. Previously, it was marketed by Brown Harris Stevens’ Louis Buckworth, Paula Del Nunzio and Arabella Greene Buckworth.


Related Articles

arrow_forward_ios
From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens

Redfin's Glenn Kelman (Credit: iStock)

“It’s on like Donkey Kong”: Redfin scrambling to keep up with iBuyer demand

Don Lemon and Tim Malone with their apartment at 2280 Frederick Douglass Boulevard 

CNN’s Don Lemon lists Harlem condo with fiancé broker Tim Malone

arrow_forward_ios
Loading...