Sad trombone. Once again, Dwell is the bearer of bad news.
Last week, it was news that the amazing Esherick House designed by Louis Kahn failed to sell at its auction May 18.
And now this week, Dwell shares the unfortunate news that the winning auction bidder of Neutra’s Kaufmann Desert House has “already failed to meet the terms of the transaction.” The house, build in 1946, was purchased at Christie’s auction May 14 for $16.84 million.
It is not known what terms the buyer might have violated. The bidder had agreed to pay an additional $2.4 million for an adjacent plot of land, and they were required to make a deposit of more than $500,000 by May 19th.
