"If one has no vanity in this life of ours, there is no sufficent reason
for living." Leo Tolstoy

Wednesday, August 11, 2010

The House of Versace





Gianni Versace purchased the building in 1992 for $2.9 million. After receiving city approval, he demolished the hotel next door, and a two-story, 6,100-foot addition was built, transforming it into Versace's Miami Beach house.Peter Loftin, a telecommunications billionaire, purchased the house from the Versace Estate in September 2000 for approximately $19 million and has since resided there from time to time.The City has allowed Mr. Loftin to convert Casa Casuarina--the scene of Versace's 1997 murder, into a member's only club. The house is also available for private events.

Versace House
1116 Ocean Dr.
Miami Beach, FL 33139

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