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La Gorce Island, Estate of the Day
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Posted on
May 19 2008 1:34 AM
by
adeal
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Today' estate in Miami Beach, Florida (thanks, designer) was once home to Cher and has also served as a temporary residence for Janet Jackson and Julio Iglesias. Cher bought the property in 1993 for $1.5 million and rebuilt it. She sold in 1996 for $4.35 million to Barry Schwartz, former chairman and CEO of Calvin Klein who sold to real estate developer Todd Glaser and investment partner Armin Mattli, president of Clinique La Prairie, the Swiss spa/hotel/medical center ten years later.
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