Christian Candy buys $35m property in New York

Christian Candy, best known for developing One Hyde Park, has bought a $35m (£22.4m) property on the Upper East Side of New York.

The property, which was used as a commercial art gallery, will be converted into a luxury home that can be rented or held as an investment.

Earlier this month, Candy bought a property in LA’s Holmby Hills area for $24m (£15.4m). Other properties he owns in New York include a penthouse apartment in Plaza Hotel, the most expensive apartment building in Manhattan.

Back at home in London, Candy recently submitted plans to build a mega basement with cinema, dance studio and bowling alley under a Chelsea home.

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