A South Beach, Fla., mansion once owned by Gianni Versace will be auctioned off after the company that was operating it as a boutique hotel ended up in bankruptcy court.
Fisher Auction Co. and Coldwell Banker Residential Real Estate are handling the sale of the 23,000-square-foot property, once listed at $125 million, with bidding in the Sept. 17 auction starting at $25 million. Source: nydailynews.com.