One Man’s Generous Donation Has A Hefty Price Tag…

Casa Sin Nombre, the famed Palm Beach estate that Metromedia founder John Kluge willed to Columbia University upon his death last year, has hit the market for $59 million, according to the Wall Street Journal. Kluge, a Columbia alum and once the

Forbes-ranked wealthiest individual in the world,

acquired the four-acre, oceanfront compound over the course of three decades, ultimately compiling five lots with upwards of 21,000 square feet of living space, including a 12,000-square-foot main garden house, a 6,000-square-foot oceanfront home designed by architect Addison Mizner, and three other staff and guest homes. Kluge’s donation of the property was earmarked for student scholarships and was, according to the Chronicle of Higher Education, the largest ever of its kind in the U.S.
SBJ

Tags: Casa Sin Nombre, Columbia University, Forbes, John Kluge

About Rachelle Hirt

Rachelle Hirt is a licensed Real Estate professional with GZI Real Estate Sales And Marketing in Bal Harbour, Florida. Rachelle specializes in the Beaches, Downtown Miami, Midtown and Brickell. Mrs. Hirt has created a niche as a "Developer Close-Out" specialist which allows her to pass along substanstial saving to her clients. Rachelle prides herself in providing a concierge service to all of her clients making the process as easy as possible from start to finish. Rachelle has lived in Miami since 2003 and is excited about the changes she has seen in the city. "There is no place like Miami, the tropical climate, the diverse culture, the beautiful colors and of course the energetic nightlife, to me it's easy to understand why this city is always in the spotlight."

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