Friday, August 8, 2014

Old Home Restoration in Beverly Hills: The Kronish House

The Kronish House is the latest example of the controversial subject of old home restoration in Beverly Hills. The villa was designed in 1955 by Richard Neutra, a well renowned architect of his time. The property expands across 7,000 square feet and is one of Beverly Hills' historical gems. However, in mid 2011, the Kronish House became the center of a controversy. Upon being sold for $5.8 million in a foreclosure auction earlier that year, the house's new owners indicated a major sign of their intentions to demolish the property in the summer when they applied for a permit that would allow them to cap its sewer line. This sparked up a major controversy when the LA Conservancy teamed up with Dion Neutra, Richard Neutra's son to save the property from demolition. Eventually, the property was bought at the 11th hour by Stavros Niarchos III for $12.8 million in late 2011. The Kronish House was saved from demolition as a result, and still remains a living piece of Beverly Hills' illustrious history.