Professional money-making person Leon Black has closed on the former Knoedler & Company art gallery at 19 East 70th Street, paying $50.25 million for the 17,000-square-foot building, which he plans to convert into his private mansion. British developer Christian Candy, the previous owner, got the place for $35 million last year and had similar aspirations, before he didn't. [NYT; previously]
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