Billionaire Ken Griffin moved his hedge fund Citadel to Miami and asked the city to remove the former home of William Jennings Bryan from his estate.
He purchased the four-acre waterfront property in Coconut Grove from philanthropist Adrienne Arsht.
Arsht, who is known in Miami for her $30 million contribution to the city’s performing arts center, spent a significant amount renovating the home, which she used as a guest house and for social gatherings.The mansion’s yard and pool., has a city agency looking into accepting the compound as a donation and relocating it.
However, historians and preservationists from the area say that such a move will not only devalue the 1913 mansion, but also put it in danger of damage or collapse. Citadel spokesman Zia Ahmed told the outlet that Griffin wants the property to one day be opened for public use for the first time in its history.The dining room in the home.“This is just an idea in the very early stages right now,” Ahmed said. “Ken’s team is exploring potential options wherein the general public would for the first time be able to visit and see this historic home at a different location.
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