Local Miami real estate blog says that Larry Gagosian has bought a place in Alan Faena’s Miami art-driven development:

Larry Gagosian, the most successful art dealer alive today, has purchased a home in Faena Residences in Miami Beach. Faena is an 18 story luxury condominium being built at 3201 Collins Avenue expected to be completed this year. Faena will feature 47 residences that were priced between $3 -$50 Million . The property is situated on the widest stretch of white sand in all of Miami Beach. At this time, all units at Faena have been sold out.

Larry Gagosian buys home in Faena Residence Miami Beach (Luxury Miami Real Estate)