London developer Christian Candy — who co-developed London’s One Hyde Park, the priciest residential project in the world — has some serious plans in store for his landmarked Upper East Side limestone mansion located at 19 East 70th Street.
Plans filed today with the city Department of Buildings show that Candy plans an estimated $10.6 million renovation to bring the 30-foot, 17,000-square-foot property back to single-family occupancy. Formerly known as the Morris Mansion (it was originally commissioned by David H. Morris and wife Alice Vanderbilt Morris) and most recently used as an art gallery named the Knoedler Gallery, the home will be Candy’s primary residence in the U.S., according to previous reports.
Details on the DOB application regarding the work are scant. The papers propose a renovation on all floors to reconvert the space from the existing commercial use to residential. Paul Alter, the applicant of record and a principal at Lee H. Skolnick Architecture + Design Partnership, declined to discuss the specifics. He said that work will be substantial and will be done well, adding that his client is “private.”
Candy bought the building for $35 million in a deal that closed this past August, according to the deed. Candy plans to restore the property’s exterior and modernize the interior, according to the New York Times. He will occupy the digs with his wife and kids.
“It is his intention to convert the New York property from commercial use to residential use and then hold the asset as a long term investment,” a spokesperson said for Candy in a written statement. “Mr. Candy sees the American real estate market as an attractive investment opportunity and will continue to look for opportunities to invest in all major cities; in particular New York, Miami and Los Angeles.”
They declined to comment further on the plans for the home and the work involved.
The Italian Renaissance building, which dates to 1909, boasts coffered ceilings, terraces, a curving staircase, six antique marble fireplaces, according to the New York Times. The structure currently has eight bedrooms and seven bathrooms. — Zachary Kussin