The apartment, located in a Louis XIV-era building on the Left Bank, belonged to the fashion designer for more than a decade until his death in 2019
2 minThe minimalist Paris apartment that was the home and studio of the late fashion icon Karl Lagerfeld is headed to auction later this month with a starting price of €5.3 million (US$5.77 million).
Nestled in the heart of the Saint-Thomas d’Aquin district, on the city’s Left Bank, the roughly 2,800-square-foot spread will go under the hammer on March 26 at the city’s Chamber of Commerce and Industry, according to a news release from the Paris Notaires Services, which plays an essential role in French real estate transactions.
The apartment is on Quai Voltaire, a Seine-front street, and within a historic building dating from 1694 that belies the contemporary home inside that was Lagerfeld’s until his death in 2019 at the age of 85.
He told the New Yorker in 2007 , as he was moving into the property, that living there would be “like floating in your own spaceship over a very civilised past.”
Located on the third floor, the apartment has a sprawling living room with a panoramic view of the Seine, polished concrete floors, and walls of towering glass bookshelves that once held the designer’s vast collection of books.
The avant-garde space “embodies Lagerfeld’s visionary aesthetic,” with an “ambiance that is both luxurious and design-oriented,” the news release said.
Elsewhere in the achromatic home is a bedroom overlooking a courtyard, a dressing room, a shower room, a bathroom and a professional-looking stainless steel kitchen.
The auction “represents a rare opportunity to acquire a part of the history of fashion and of French cultural heritage,” according to Paris Notaires Services.
Much of the furniture and art that one filled the apartment has been sold at auction across a series of Sotheby’s sales .
With his iconic signature style of black sunglasses, fingerless gloves and high-starched collars, Lagerfeld was the long-time creative director of Chanel and creator of his own eponymous fashion label.
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A five-bedroom Palo Alto home designed by Steven Ehrlich is listed for $44 million, making it the city’s most expensive listing. Built around a dramatic concrete spine, the home features four courtyards and a pool.
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For years, tech entrepreneur Asher Waldfogel and his wife, Helyn MacLean, dreamed of building a modern house in Palo Alto, Calif.
The couple, however, worried about clashing with the Mediterranean-style architecture typically associated with their neighborhood of Old Palo Alto.
So they tapped architect Steven Ehrlich to create a design that paid homage to its surroundings with stucco, mahogany and titanium zinc cladding. They spent $20 million over several years building the house, completed in 2005.
Now looking to be closer to their adult daughter on the East Coast, they are putting the five-bedroom home on the market for $44 million—the most expensive listing in Palo Alto.
Waldfogel is an angel investor who co-founded Redback Networks, a telecommunications-equipment company. MacLean previously had a career in fundraising.
The couple purchased the roughly 0.4-acre site for $7.1 million in 2000 and demolished a circa-1930s Spanish Colonial home. The house they built pinwheels around a central staircase. It has 7,900 square feet of livable space, with four distinct courtyards and a pool.
A key feature of the home is a cast-in-place concrete wall, or spine, that is two stories high and about 80 feet long. “There’s a little bit of controlled chaos in what comes out of the form,” unlike a perfectly uniform surface, Waldfogel said. “If you want that, you do it in plastic.”
Waldfogel said he and his wife are thinking about the next phase of life now that their daughter is grown, although they have not decided where they will move. They also have a home in Sun Valley, Idaho.
“Right now we’re just trying to emotionally let go and decide what to do next,” he said.
Palo Alto, an epicenter of venture capital and tech startups in Silicon Valley, is home to some of the country’s biggest tech titans. Sales volume and prices are rising, with a median sale price of $3.5 million for the three months ending in August, up 5.8% year-over-year, according to real-estate brokerage Redfin.
Arthur Sharif of Sotheby’s International Realty—San Francisco Brokerage has the listing.
