Via: NY Daily News
Casa Casuarina, which is still called “the Versace mansion” by locals, was initially listed for sale at $125 million in 2012. The bidding started at $25.5 million.
MIAMI BEACH, Fla. — The new owners of the South Beach mansion where Gianni Versace lived and died said Tuesday that they hope to use the Italian fashion designer’s name and legacy in rebranding the property as a hotel.
VM South Beach LLC bid $41.5 million for the oceanfront property on Miami Beach’s touristy Ocean Drive. The company’s principals include the Nakash family of New York, which controls Jordache Enterprises.
Joe Nakash said he and VM South Beach would like to turn the Casa Casuarina, better known as the Versace mansion, into a hotel.
Joe Nakash, chairman of Jordache Enterprises, said he expects to retain all the vestiges of Versace’s time in South Beach in the 1990s — the snake-haired Medusa heads, a swimming pool inlaid with 24-karat gold tiles, gold-plated bathroom fixtures, custom-made mosaic floorings and frescos and the throngs of tourists who still routinely stop to have their picture taken on the front steps where the designer was slain.
“We’re going to keep it the way it is,” Nakash said.
Nakash all the vestiges of Versace, including this 54-foot mosaic pool lined with 24-karat gold, will remain the same.
“We’d like the public to use it, so we’re going to create a hotel that will be consolidated with the Victor,” Nakash said. “We’re going to use the name Versace after we receive OK from the family.”
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- Deal closed on Versace Mansion (local10.com)
- How much are new Versace mansion owners worth? – slideshow (bizjournals.com)