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A Rare Chance to Live in a Zaha Hadid Masterpiece

one-thousand-museum
one-thousand-museum

In a city chock-full of condos, this downtown Miami pad stands out as a rare gem.

Zaha Hadid—the 65-year-old Pritzker Prize-winning architect who died of a heart attack in Miami last week—lent her celebrated designs to structures around the globe, including the Guangzhou Opera House in China, the Heydar Aliyev Centre in Azerbaijan and the London Aquatics Centre in England. But when it came to sculpting residential properties in the US, Hadid wasn’t as prolific.

Living room
Living room

On this side of the pond, Hadid had just two condominium projects underway at the time of her death—one of them is the 62-story One Thousand Museum at 1000 Biscayne Boulevard in Miami’s urban core. Though this 83-unit building is now over half sold, one of two available full-floor residences (the development houses eight in total) is coming to market for a cool $20 million, The Post can reveal. This price will not only make this 10,338-square-foot spread the priciest in downtown Miami, but also the nabe’s biggest, we hear.

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“This is her first, only and last residential skyscraper in the Western Hemisphere,” says Harvey Daniels of One Sotheby’s International Realty, who’s handling sales at One Thousand Museum, of the building. “We feel that it’s the most collectible real estate in the world.”

This five-bedroom unit will deliver four terraces—one of which runs 100 feet long and looks out to the skyline and Atlantic Ocean—12-foot ceilings, an 86-foot-long living room and 360-degree views. There will also be a media room, a butler’s pantry, four wet bars, plus a 250-by-27-foot master suite with two walk-in closets.

But this floor-through home had better not get used to the spotlight; One Thousand Museum will also have a duplex penthouse, which is poised to ask a sky-high $49 million once released. Wannabe residents should know that the current minimum price for entry is $5.8 million for a half-floor dwelling.

Pool
Pool

The other Hadid development that’s underway stands at 520 W. 28th St.—a 39-unit project located along the High Line in New York’s own West Chelsea neighborhood. Prices begin at $4.89 million for a 1,691-square-foot two-bedroom pad, StreetEasy shows, with Gaggenau appliances in the chef’s kitchen, a black marble feature wall in the master bathroom and a chevron window in the great room. This building will also house a $50 million penthouse, according to multiple reports.

Even when considered together, these properties are now rare commodities. So, what are the chances that Hadid’s sudden death will make these 122 units—the total of the New York and Miami buildings—more valuable?

“People really are big fans and want to live in one of her buildings,” says property appraisal expert Jonathan Miller. “It’s not a foregone conclusion that there will be a premium … but it’s certainly not a negative. It’s a neutral to a positive impact.”

The post A Rare Chance to Live in a Zaha Hadid Masterpiece appeared first on Real Estate News and Advice - realtor.com.