UK developer chops $20M off Plaza penthouse

Christian Candy and penthouse 2009 at the Plaza (credit: Getty Images and Sotheby’s International Realty)

Christian Candy, the British real estate developer behind London’s most expensive apartment building, One Hyde Park, is trying the market again with his own pad at the Plaza Hotel. His 6,200-square-foot spread is asking $39.7 million.

Candy first put the Plaza unit on the market in 2013 with an ask of $59 million, reports The Real Deal. Then in 2015, he lowered the asking price to $49.9 million. The current ask is still well above the $25.9 million he paid for the place in 2012.

The apartment, which was designed by the developer’s design firm Candy & Candy, is the only triplex at the Plaza. It comes with four bedrooms, a “baronial living room,” a formal dining room with a “wine art bottle installation wall,” an eat-in kitchen, a walk-in wine refrigerator, a media room, a private elevator and herringbone floors throughout.

The master-bedroom suite gets an entire floor and comprises of a park-facing terrace, a sitting area, two bathrooms and a bar area.

If you like the look of the place, you’re in luck, it’s available with furnishings.