Today's Video Headlines: 02/27/27
British luxury developer Christian Candy and his wife, Emily Crompton- Candy , have sold their Upper East Side townhouse for $55 million after snapping up a condo along Manhattan ’s Billionaires’ Row. The couple had purchased this stately limestone property in 2022 for $48 million, undertaking renovations before attempting to flip it for a sizable profit.
The home first appeared on the market in April 2025 with a $70 million price tag before it was later pulled. It returned earlier this month at $57.5 million and quickly found a buyer, entering contract just six days after being re-listed, according to theBritish property developer Christian Candy and his wife, Emily Crompton-Candy, have sold their Upper East Side townhouse for $55 million after purchasing a condo on Billionaires’ Row.The Candys had already purchased a four-bedroom triplex at 111 W. 57th St. for roughly $45 million, a steep discount from its $66 million asking price in 2020.Top 10 most expensive zip codes in America revealed—here's what they all have in common Meet the Californians living in RVs to save cash during housing crisis — while others are exploited by 'vanlords' The buyer has not been publicly identified. Michael Balanevsky of Accent Holdings represented the purchaser but declined to disclose their identity. Located less than a block from Central Park, the Beaux-Arts townhouse dates to around 1903 and spans roughly 15,000 square feet. The six-bedroom residence features a grand entry gallery with mosaic tile floors and a sweeping marble staircase. Among its more opulent details is a formal reception room centered beneath a 32-bulb Baccarat chandelier and a room with walls encased in Hermès leather, according to the listing, which was held by Adam Modlin of the Modlin Group.The couple renovated the property, and listed it for $70 million in April 2025 before relaunching it this month at $57.5 million.The Beaux-Arts residence, dating to about 1903, includes a grand mosaic-floored entry gallery with a marble staircase, and a reception room illuminated by a 32-bulb Baccarat chandelier.The Candys appear to be consolidating their New York footprint around the city’s growing supertall corridor. About a year ago, they purchased a four-bedroom triplex at 111 W. 57th St. — one of Manhattan’s most prominent pencil-thin skyscrapers — for roughly $45 million. The unit had previously been listed for $66 million in 2020, suggesting the couple secured a substantial discount. Christian Candy rose to prominence alongside his brother Nick Candy through their development of the ultra-luxury London condominium One Hyde Park, one of the world’s most expensive residential projects. The relatively quick deal stands out in a market where trophy Manhattan townhouses often struggle to find buyers at their initial asking prices. The swift sale stands out in a luxury townhouse market where comparable trophy homes, including properties once owned by Ron Perelman and David Rockefeller, have often taken years to sell and traded below their initial asking prices.In another notable transaction, a townhouse previously owned by banking titan David Rockefeller sold in 2023 for $47 million – well below its $57.5 million list price.Billy Joel finally sells LI compound after nearly 3 years on market — and sets a recordThe Naked Cowboy and his wife, the Naked Cowgirl, to divorceBritish property developer Christian Candy and his wife, Emily Crompton-Candy, have sold their Upper East Side townhouse for $55 million after purchasing a condo on Billionaires' Row.The Candys had already purchased a four-bedroom triplex at 111 W. 57th St. for roughly $45 million, a steep discount from its $66 million asking price in 2020.The couple renovated the property, and listed it for $70 million in April 2025 before relaunching it this month at $57.5 million.The Beaux-Arts residence, dating to about 1903, includes a grand mosaic-floored entry gallery with a marble staircase, and a reception room illuminated by a 32-bulb Baccarat chandelier.The swift sale stands out in a luxury townhouse market where comparable trophy homes, including properties once owned by Ron Perelman and David Rockefeller, have often taken years to sell and traded below their initial asking prices.
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