Published On: Tue, Mar 15th, 2016

Art collector Larry Gagosian spends $13 Million on Faena House unit

Armenian American art dealer owns the Gagosian Gallery chain of art galleries

Larry-Gagosian-and-Faena-House-renderings

 

Art dealer Laurence Gagosian paid $12.995 million for a penthouse at Faena House. Miami-Dade County records show Gagosian purchased unit PH-C at the 18-story tower in Mid-Miami Beach. The Armenian American art collector owns the Gagosian Gallery art galleries in the United States, as well as London, Paris, Rome, Athens, Geneva, and Hong Kong. Gagosian’s new penthouse has four bedrooms, six bathrooms and one half-bath, according to the property appraiser. The unit spans 4, 730 interior square feet, which means Gagosian paid about $2, 747 per square foot. It also includes a 1, 516-square-foot terrace, according to a Faena spokesperson.

 

Read the full story at The Real Deal, by Katherine Kallergis

 

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