The old Versace Mansion in Miami--South Beach, which had been operating as a boutique hotel and event space (apparently until May 31, 2013), has been sold at auction. The buyer, from Jordache jeans, also owns the Victor Hotel next door and plans to operate the Versace Mansion as a boutique hotel. A competing bidder was the son (Eric) of Donald Trump. He and his partner, who apparently wanted to make the property part of their polo/golf club, bid $40 million versus the winning bid of $41.5 million. The place was apparently originally listed for $75 million. The price was dropped at least once before going onto the auction block.