Residential
South Florida

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

The late architect designed the three-bedroom unit herself

Zaha Hadid with unit (Credit: Getty Images)

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.

Tags
Residential
South Florida

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

The late architect designed the three-bedroom unit herself

Zaha Hadid with unit (Credit: Getty Images)

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.

Tags