By Zillow, Contributor The Versace Mansion started at $125 million, a year and a few price cuts later, it’s headed to a bankruptcy auction. Nick-named Casa Casuarina, the enormous mansion was the lavish residence of late fashion icon Gianni Versace, and the location of his tragic death and recently, a boutique hotel. …read more
Source: FULL ARTICLE at Forbes Latest
Good news for real estate moguls and fashion lovers alike: Casa Casuarina’s headed to the auction block. Originally listed for $125 million in June 2012 before being reduced to $75 million, bidding for the 10-bedroom Miami mansion will start the morning of September 17.
Want to get your hands on this gilded, mosaic beauty (which just so happens to feature a six-person shower)? Bidders must prove that they have $40 million in funds and will be required to escrow $3 million with the owner’s firm. Small price to pay for the storied site of Gianni Versace‘s infamous parties.
“Every room is a work of art,” said said Jill Eber, the real estate agent of the home’s current owner Peter Loftin, when the house was listed last year. “If the person buying it is not already a celebrity, it gives them instant celebrity status – if they want it.”
A look at the house that Versace built here in the gallery.
– Additional reporting by Randy Miller
Source: FULL ARTICLE at fashionologie
By The Huffington Post News Editors
If you’re interested in owning a piece of fashion history and have some cash to spare, Casa Casuarina, Gianni Versace’s former Miami mansion, is still on the market. According to The Wall Street Journal, Casa Casuarina LLC filed for Chapter 11 bankruptcy on July 1.
The 9,000-square-foot 10-bedrooms 11-bathroom home, now being operated as a hotel, is facing foreclosure by the mortgage holder VM South Beach LLC. That entity is, interestingly enough, owned by another notable name in clothing: the Nakash family of Jordache jeans fame. What is it with fashion personalities and expensive real estate this year?
Originally listed for $125 million, the price was slashed to $75 million in May. Versace bought the mansion in 1992 and lived there for just five years before he was tragically gunned down on its doorstep in 1997.
Source: FULL ARTICLE at Huffington Post
As origin stories go, Mario Testino‘s is a pretty good one. “Years ago, Madonna introduced me to Gianni Versace,” he recalled at the opening of an exhibition of his work at L.A.’s Prism Gallery. “That opened up a lot of doors for me. At the time, I was completely unknown.”
“Unknown” wouldn’t be the word today. Alessandra Ambrosio, André Balazs, Kim Kardashian, and Zac Posen were among the many who crowded the vernissage of Testino’s first gallery showing in the U.S. in seven years. And even for the constantly photographed, Testino stands alone. “He captures the realness in people,” Kardashian said. “He gets them—both as being glamorous and also natural.” Ambrosio confirmed, saying, “He captures the moment—from the colors to the attitude. No matter who he’s shooting, there’s always attitude in the pictures.”
For the photographer, the evening was a rare moment on the other side of the lens, both literally and figuratively. “It’s funny, because we fashion photographers do our work. We’re not usually in front of the firing squad, and sometimes exposing your work in this manner feels like that,” he said. “But it’s great to be here.”
At nearby Madeo, an equally glamorous crowd had gathered for Chanel and Charles Finch‘s annual pre-Oscars dinner. There seemed hardly a corner that wasn’t clogged with star power. At one end of the restaurant sat the young Hollywood crowd, including Chloë Moretz, Gia Coppola, and Zoë Kravitz, there with mom Lisa Bonet; farther inside, Liberty Ross stopped to talk to Liz Goldwyn while Rachel Zoe and Marisa Tomei looked on. In the back were the blondes: Kate Bosworth, Poppy Delevingne, and Rosie Huntington-Whiteley all sat together. As would be expected, Oscar talk dominated the conversations. “I loved Django Unchained, and I loved Life of Pi,” Huntington-Whiteley said. “We’ll have to see what goes on tomorrow.” But even the biggest night of the year in Hollywood couldn’t keep anyone at home the night before. “I’ve been invited to a lovely dinner,” the model exclaimed. “I’d be a crazy woman not to accept.”
—Azadeh Ensha and Alexis Brunswick …read more
Source: FULL ARTICLE at Style Features
