They're shown at a film screening in New York City in June 2013. The settlement created a New York-based foundation to … Caption: Believed to be a self-portrait, this unsigned painting shows Huguette Clark (1906-2011) in her twenties. The house went back on the market. Although a subdivision was approved for the property at 104 Dan's Highway before Clark died, to make it easier to sell, the buyers say they will not sell off any of the 52 acres. Even accounting for inflation, Clark's investment in the apartments had increased forty-seven fold. See all the stories in the NBC series. The millions from the sale of the Connecticut property, and Clark's other property, will help fund the settlement agreed to last September. When Clark died in 2011 at age 104 with a $300 million fortune, her will was contested in court. When Clark died, a legal battle started over her two wills, and the resulting settlement created a New York-based nonprofit foundation for the arts. Creeping vines have the kitchen shutters firmly in their grasp at Huguette Clark's retreat in New Canaan, unoccupied since she bought it in 1951. The couple recently sold a townhouse on Manhattan's Upper East Side for $51 million. Anna, determined to escape the grinding poverty that defined her own youth, managed a meeting with Clark, which led—eventually—to their marriage. A waterfall can be heard just beyond the windows. Reed and Delphine Krakoff are buying Huguette Clark's mysterious retreat in Connecticut. The long-divorced heiress told her friends and employees that she intended it as a place that they all could go if New York City were threatened by nuclear attack.
When the shy artist Huguette Clark built a two-story addition at Le Beau Château, the graceful stairway leading up to her art studio received a touch of whimsy: paintbrushes. This reporter noticed the house atop the real estate listings, when it was priced at $25 million, and saw that town records showed the house as being vacant since the owner bought it. Follow NBC News Investigations on Twitter and Facebook. Legal papers for the real estate sale were signed on Monday.
After Clark died in 2011 at age 104, nineteen relatives challenged her last will and testament, which had cut them out of her $300 million copper fortune. All one can see from the street are two tiny cottages for caretakers behind a crumbling brick wall and rusty gate. Now he has his own fashion line. Real estate broker Barbara Cleary declined to name the buyers, but Reed Krakoff told NBC News that he planned to live there quietly with his family. The new owners are fashion designer Reed Krakoff and his wife, who scooped up the home for the drastically reduced price of $14.3 million. She agreed to sell the house to raise cash for the millions in gifts she was giving to her nurse, friends and strangers. The buyers were modern-day titans, hedge fund manager Boaz Weinstein, private-equity manager Frederick Iseman, and real estate investor David Luski.
Her Connecticut home originally hit the market in 2006. The buyers are Reed and Delphine Krakoff. On the stairway leading up from the enormous bedroom to an artist's loft, every other baluster is hand-carved in the shape of a paintbrush. The relatives, who last saw her in 1957 and most of whom never met Clark, will receive $34.5 million.
She rejected an offer for $25 million, because the appraisal had been a bit higher at $26 million.
From about 1887, this large work is one of Renoir's most prized, showing five women in a rural landscape. The Clark family bought the property and its Italianate mansion in 1923. Attorneys familiar with the Clark estate confirmed the sale price of $14.3 million. Clark's three New York City apartments in the same building at 72nd Street and Fifth Avenue overlooking Central Park, sold for nearly the asking price, a total of $54.8 million for the 15,000 square feet total. An accepted offer at $21 million fell through when the market crashed in 2008.
Her California property, in Santa Barbara, is going to a new foundation for the arts, the Bellosguardo Foundation, the largest beneficiary of the Clark estate. Lawsuits continue as the relatives hope to receive more money from Clark's hospital and doctor. But the artist who owned the house never spent a night here. It is expected to form a board of directors this summer. The New Canaan estate, known as Le Beau Chateau, is tucked into the woods, hidden even from the light traffic on Dan's Highway, actually a country lane. Estate of Huguette M. Clark, courtesy of Christie's. John Makely, collection of Bill Dedman from the book "Empty Mansions.".
Clark died at 86, two years after buying Bellosguardo. Huguette Clark paid $125,000 for it in the late 1950s. Renoir's "Girls Playing Battledore and Shuttlecock" has a pre-sale estimated value of $10 million to $15 million. Tour Huguette Clark's empty mansions.
— After sitting empty for more than 60 years, the “extra” mansion owned by the reclusive heiress Huguette Clark — a French-style chateau sitting on …
(Delphine Krakoff once worked for Christian Dior, from whom Clark bought clothes for her doll collection.) It became the subject of local lore in affluent New Canaan, where some townspeople said the owner had not moved in after her new husband died at sea on the honeymoon. He is a fashion designer with his own label, and is known for having been the chief designer for Coach Inc., the handbag company.
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