Versace is going for the billion building on Madison Avenue. The Clock Tower building was bought last year in a $200 million deal and now is in high renovation said to be worth $110 (just for the fun of it – what would anyone do in a 10,700 square feet penthouse announced for the renovated tower?).
However, the built complex is estimated around $1 billion. And when I say complex, I also involve the Versace work. 55 apartments and a spa plus an exclusive club designed by Donatella herself. I wonder if they’ll consider a radical change of the Clock from the tower – at least 1 day/year replace the actual clock with the medusa head logo of the Versace maison… Wouldn’t it be a good idea?
(reuters via curbed)