International real estate mogul Christian Candy is selling the penthouse at the famed Plaza hotel for $59 million. The Monaco-based Christian bought the penthouse for $25.9 million last year, and after some massive upgrades, he flipped the one-of-a-kind property back on the market with a $59 million price tag.
This isn’t a one-off deal for Christian. He and his brother Nick Candy are real estate developers known for creating high-design luxury residences, including the ultra-exclusive One Hyde Park in London.
The Plaza triplex penthouse features approximately 6,319 square feet of interior of living space and 229 square feet of exterior living space spread over the 19th, 20th and 21st floors. The 19th floor features an elevator that services all 3 floors, 3 bedroom suites and a laundry room. The 20th floor features a grand living room, 14-seat dining room and a gourmet kitchen that boasts 21 foot ceilings and a skylight. The 21st floor features the sumptuous master suite with private terrace.
According to the Wall Street Journal, if the penthouse sells at its asking price, it would set a record for the century-old building, which converted to condominiums in 2007. The highest purchase to date in the Plaza is $6,316 per square foot, or $48 million, paid for two adjacent condos by Igor Krutoy, a Russian composer and music producer, in 2011.