Versace Mansion Goes To Bankruptcy Auction

The designer bought the mansion in 1992 and spent million renovating the property, adding another wing and making numerous upgrades. Tour of Versace Mansion Before It Goes on. as a hotel. A.

Almost $700,000 of the $41.5 million sale price of Gianni Versace’s former South Beach mansion will go toward the estate of Ponzi schemer Scott Rothstein’s law firm, an attorney for the mansion’s.

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MIAMI BEACH – When Gianni Versace. the mansion was put on the market in June of last year for $125 million; it was later reduced to $75 million. With the property now in bankruptcy proceedings, a.

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“Why do we not stay here and not go. federal bankruptcy. Three bidders put up the $3 million deposit and paperwork showing at least $40 million in financial liquidity, including Donald Trump. The.

9 as part of bankruptcy and divorce proceedings. of landmark hotel built in 1924 » Fisher Auction Co., which also handled the 2013 auction of the Miami Beach mansion where fashion designer Gianni.

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A Georgian-inspired mansion that sits on 86 acres of wooded land in Chappaqua, New York, will go under the hammer with. according to Elite Auctions, who will handle the on-site court-authorized.

Though the Versace family hasn’t owned the oceanfront mansion since 2000, auctioneers hope the Italian designer’s legacy will attract bidders to the Miami Beach property when it goes up. this year.

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a spokesman for Fisher Auction Co. The deal will be taken to a bankruptcy court tomorrow for approval. The house, owned by Versace when he died in 1997, was sent to auction after failing to attract.

The pool at Versace’s Casa. taking photos in front of the house. The property had been operating as a 10-room boutique hotel for several years but closed earlier this year. A bankruptcy court has.

million. The price was cut to $75 million several months ago. "This is the trophy property of the century," Fisher said.

Though the Versace family hasn’t owned the oceanfront mansion since 2000, auctioneers hope the Italian designer’s legacy will attract bidders to the Miami Beach property when it goes up. this year.

The home, built by entrepreneur Jim Barnett, is now scheduled to go to auction April 9-12. In 2013, Fisher’s firm orchestrated the sale of the former Versace mansion in Miami Beach for $41.5.