Zaha Hadid’s South Beach condo unit just sold at a discount

The late architect designed the three-bedroom unit herself

TRD MIAMI /
Sep.September 04, 2018 01:30 PM

Zaha Hadid with unit (Credit: Getty Images)

UPDATED, Sept. 4, 3:55 p.m.: More than two years after her death, Zaha Hadid’s condo at the W South Beach just sold for $5.75 million.

The late architect’s three-bedroom, four-bathroom corner unit at 2201 Collins Avenue was placed on the market in May 2016 at $10 million following her death. The asking price on what had been three separate units was reduced to $6.5 million in November 2016. The 2,541-square-foot condo, which Hadid designed, sold for $2,263 per square foot.

Hadid had purchased two units in 2010 for $2.79 million and one unit in 2015 for $1.38 million, and combined them to form the condo.

The sale has not yet cleared records, but the Wall Street Journal reported that it is New York and Boston-based Ray Bassiouni, chairman of ATI systems, which installs emergency warning and notification systems. He already owns two units in the building.

Angelica Garcia & Ivan Chorney of One Sotheby’s International Realty’s Sports and Entertainment Division had the listing. David Pulley of Douglas Elliman’s Sports & Entertainment Division represented the buyer. A spokesperson for One Sotheby’s declined to disclose the buyer.

Hadid lived in the unit while she was designing One Thousand Museum — her first and final residential project in the western hemisphere. The 62-story tower at 1000 Biscayne Boulevard in Miami topped off earlier this year and will feature Hadid-designed amenity spaces and furnishings.

The Pritzker Prize-winning architect died at Mount Sinai Medical Center in Miami Beach on March 31, 2016, after suffering a heart attack while being treated for bronchitis. She was 65.

Hadid was known for her sinuous, curvaceous designs that pushed the limits of building shapes.


Related Articles

arrow_forward_ios
Yonder Alonso and 7263 Southwest 53rd Court (Getty)

Baseball player Yonder Alonso sells Coral Gables home

Baseball player Yonder Alonso sells Coral Gables home
Jon Oringer and 4358 North Bay Road (Getty, Realtor)

Billionaire Shutterstock founder pays $42M for Miami Beach mansion, marking record

Billionaire Shutterstock founder pays $42M for Miami Beach mansion, marking record
Eddie Irvine with 1061 N Venetian Drive and 1350 S Venetian Way (Getty, Realtor)

Spec home developer Eddie Irvine buys Venetian Islands lot

Spec home developer Eddie Irvine buys Venetian Islands lot
Pharrell, Eric Birnbaum and David Grutman with a rendering of the hotel (Getty, Linkedin, Goodtime Hotel)

Pharrell, David Grutman partner with developer to launch South Beach hotel

Pharrell, David Grutman partner with developer to launch South Beach hotel
Icon unit tops list of most expensive condo sales in Miami-Dade (Google Maps; Icon Brickell)

Condo sales and dollar volume up from last week

Condo sales and dollar volume up from last week
Phil Collins, Orianne Collins, and 5800 North Bay Road (Credit: Tim Chapman/Getty Images, and John Parra/Getty Images)

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave

Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
6493 Allison Road (Credit: Douglas Elliman)

One Thousand Museum developer sells Allison Island home

One Thousand Museum developer sells Allison Island home
Greg Mirmelli with 2120 Bay Avenue (Credit: John Parra/Getty Images)

Miami Beach investor sells waterfront home for $18M, following bidding war

Miami Beach investor sells waterfront home for $18M, following bidding war
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...