Christian Candy fetches $55M for his NYC townhouse

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 the Wall Street Journal. 

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 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. 

Several high-profile homes have lingered for years before selling at discounts. A mansion once owned by financier Ron Perelman traded for $46.75 million earlier this year after cycling on and off the market since 2020. 

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.