Gianni Versace’s Storied South Beach Mansion Faces Auction
Gianni Versace’s, spectacular Italianate South Beach mansion he called Casa Casuarina is in foreclosure and heading for auction in September. It’s expected to sell for a fraction of its $125 million appraised value. Versace, of the Italian fashion design house that bears his name, lived a glorious, but brief life in the house and for a time turned South Beach into a mecca of art and fashion. Since his death in 1997, the mansion has had a checkered history....