Luxury Lifestyle, Design & Architecture blog

Christian Candy, the real estate mogul has put the penthouse at the Plaza Hotel back on the market for an asking price of $59 million. The Monaco based Christian and his brother Nick is well known real estate developers who specialize in high-design luxury residences.  They were in the news for redesigning the ultra luxurious and exclusive One Hyde Park in London. The triplex penthouse on the Plaza was bought by them last year for only $25.9 million. They have renovated the entire property and brought in some significant upgrades. It is a one of a kind property that is difficult to replicate anywhere else and with the massive upgrades is comparable to any luxurious residence in the city or elsewhere. The Penthouse is Spread on the Top 3 Floors of the Building The penthouse boasts of 6,319 square feet of interior living space and 229 square feet of exterior living space. The penthouse is spread over the 19th, 20th and the 21st floors of the building. There is an elevator ...

The meltdown seems to have melted away and the super rich are back to the luxury property market with a vengeance. In the recent past, Hong Kong and London has witnessed some record prices being paid for exclusive properties. Now we may be witness to the biggest property sale of all time. The sale of the lavish 17,500 sq ft Monaco penthouse La Belle Epoque by British property developer brothers Christian and Nick Candy and the price tag is not ordinary either – €240 million (£199 million), paid by an unnamed Middle Eastern investor. Monaco, Saint Tropez and Cap Ferrat have all seen witnessed an increase in the prices of luxury homes this summer. There was no official word from the developers of this property as their spokesman refused to comment. The building is perhaps the best known in the principality and dates back to the pre war glorious days of Monaco. The penthouse that occupies the top two floors of a block of flats has been redone completely. Each suite in the p...