Thaindian News

London, Dec 20 (IANS) American fashion mogul Calvin Klein will demolish his $30 million New York estate to replace it with a modern structure.He submitted an application this week to tear down the massive Southampton mansion, known as Dragon’s Head, reports contactmusic.com.

The 50,000-square-foot residence was built in 1926 and Klein has been riddled with complaints about the sprawling structure since he purchased the property in 2003.

According to the New York Post, the designer will replace the building with a 17,500 square foot glass and concrete compound. He has also enlisted celebrity hotelier Ian Schrager to help him redesign it with a more modern flair.

In a letter to the Southampton Village Board of Historic Preservation and Architectural Review, Schrager wrote: “We are delighted by the proposed demolition of our over-scaled and garish neighbour.”