The Frank Gehry-designed Winton Guest House will embark on another lengthy roadtrip, moving roughly 1,200 miles from its current location in Owatonna, Minnesota to its new home in New York's Hudson River Valley. The geometric house sold for $750,000 at the Wright auction house in Chicago on Tuesday. The new owners, who wish to remain unidentified, paid an additional "buyer's premium" of $155,000 for the guest house, bringing up the total to $905,000. Wright listed the house's starting bid at $850,000.
The new owners pledged to restore and preserve the Guest House on private property, according to Dr. Victoria M. Young, professor of modern architectural history and chair of the Art History Department at the University of St. Thomas, which owned the house since 2007 as part of the Daniel C. Gainey Conference Center. Since the university sold the Gainey Center to Meridian Behavioral Health Services last summer, the house was scheduled to begin relocation this June to meet its August 2016 deadline.
In the meantime, Dr. Young said in a statement that it's not yet known if the new owners will begin the laborious process of moving the guest house this year or will wait until 2016.
3 Comments
Suckers!
I think it's going to the DIA:Beacon.
Stupid is as stupid does.
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