NYC’s top deals: British developer offloads UES townhouse for $55M
There were 252 transactions totaling $493 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, Feb. 26, 2026. ? Residential: The top home sale to hit records was in the Upper East Side. Christian Candy, a British developer, parted with a 15,000-square-foot, renovated townhouse at 8 East 62nd Street for $55 million or about $3,700 per square foot. The buyer, represented by Accent Holdings’ Michael Balanevsky, was anonymous. Adam Modlin of the Modlin Group had the listing. Candy and his wife, Emily Crompton-Candy, purchased the home in 2022 for $48 million. ? Commercial: […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Nothing is stopping office-to-resi conversions in
NYC
How To Build Credibility When Raising Capital For A Real
Estate Deal
Mass Timber’s Rise Tied To Tariffs, Market
Volatility
Why The Economy Looks Great To Boomers, But Miserable To Gen
Z
“There’s just not enough”: Declining inventory drives up
competition for NYC homes
NY Dirt: Mamdani’s public bathroom pilot could provide
relief to developers
What Fed Rate Hikes Could Mean For Real Estate Investors to
End the Year
Council tees up expansion to rent protection program
Former Hudson Yards hotel sold in foreclosure
auction
Borough Developers buys site for trio of 99-unit DoBro
buildings
