You also have the option to opt-out of these cookies. In 2001, she was disastrously murdered by a home invader. Try again later. Los Angeles megamansion developer Nile Niami is listing his bachelor pad-style West Hollywood home, complete with a cold-therapy cryogenic chamber that is intended to help with weight loss and a sensory deprivation tank, for $55 million. But opting out of some of these cookies may have an effect on your browsing experience. Nile Niami has sold off one of his own homes in the Hollywood Hills, as the once high-flying spec developer now faces a lawsuit and recently threw a West Hollywood mansion into bankruptcy. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. But his plans are now in peril. Last month he had two more, DailyMail.com learned. Earlier this week, news broke that Niami filed for bankruptcy protection for a 14,000-square-foot West Hollywood spec mansion he listed last year. Nile Niami, Producer: The Watcher. Find the perfect Nile Niami stock photos and editorial news pictures from Getty Images. Nile Niami was born in 1968, in Bel Air, Los Angeles, California, United States. Earlier this week, Nile Niami announced he had sold his infamous Opus estate in Beverly Hills. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. These cookies do not store any personal information. Last month, one of Niami’s most well-known spec projects sold to an investor out of the San Gabriel Valley, but that was after Niami lender Joseph Englanoff  took control of the property. [2], As a real estate developer in Los Angeles, Niami built a mansion in Holmby Hills, which he sold for US$44 million to a Saudi buyer. The brash California developer just unveiled The One, his $500 million project. Still being developed by Nile Niami and architect Paul McClean, who have taken seven years to construct so far. Has He Built a House of Cards? Niami’s most ambitious spec project yet could hit the market soon. [1], Niami purchased Scooter Braun's Bel Air house for US$9.5 million in July 2015. The ONE, Bel Air, California– the most expensive home in the world. Behold The One—a record-breaking Los Angeles estate with 105,000 square feet of living space and, it seems, a nearly $350 million price tag He has got a lot of name and fame in his profession and has got a huge net worth too. Discover the ancestry of famous people: actors and actresses, musicians and singers, scientists, politicians, sportsmen and sportswomen, servicemen, criminals, etc. (She was previously married to movie producer-turned-megamansion developer Nile Niami.) Niami, known for his brazen personality and wildly ambitious real estate projects, borrowed $82.5 million from Hankey Capital in 2018 to build the extravagant home. "I'm not part of real estate development anymore, but it's definitely something that I did for years, especially the interior design, which translates into fashion and aesthetics," she says. Niami unloaded the Hollywood Hills home for $9.58 million, which he bought five years ago from talent manager Scooter Braun, according to the Los Angeles Times. The lower level has a movie theater, billiards room, wine cellar, and a bar. He first relisted the property in 2017, asking $19.9 million. Nile Niami has sold off one of his own homes in the Hollywood Hills, as the once high-flying spec developer now faces a lawsuit and recently threw a West Hollywood mansion into bankruptcy. His mother worked as a special education teacher. Construction is wrapping on the 100,000-square-foot “The One” property in Bel Air and agents are reportedly picked for listing. Niami paid $9.5 million for the 6,000-square-foot mansion, but renovated it, so the sale likely figures out for a loss, according to the Times. The Society Group, is a full service lifestyle and Public relations real estate firm with a focus on luxury brands and property public relations. Homes Nile Niami Is L.A.’s Megamansion King. [1], Niami started his career as a film producer. [1] He was raised by a single mother,[2] a special education teacher. However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. A famous LA mansion called “The One” that originally had a planned list price of approximately $500 million in 2017 now faces the threat of default, according to LA Times.. Movie producer turned real estate developer (of course) Nile Niami is delinquent on an $82.5 million construction loan from Hankey Capital for the 100,000-square-foot mega-mansion in Bel-Air. Anyway, for those of y’all unindoctrinated, The One is an unfinished giga-mansion located on a massive four-acre Bel Air promontory. Comprising of 100,000-square-feet, 20-bedroom compound perched high above Bel Air on four acres, with spectacular 360-degree uninterrupted views. An investor filed a notice of default on the property in April. He was raised in extreme poverty by a single mother in Los Angeles’ San Fernando Valley. For years, spec developer Nile Niami has teased “The One” — a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. But his plans are now in peril. Nile Niami—a former film producer whose firm Skyline Development is behind a Bel Air spec home with an ambitious $500 million price tag—put his latest project on the market on Monday. He has produced the films Terminal Force in 1995, DNA in 1996, T.N.T. High above Bel Air, Nile Niami is looking down on the tiny mansions of mere millionaires as he stands on a plywood platform that will soon be the roof deck of the house he's selling for $500 million. Nile Niami Net Worth 2021: Nile Niami is an American film producer and real estate developer who has a net worth of $300 million. "I love fashion. Nile Niami (born c. 1968) is an American film producer and real estate developer. We also use third-party cookies that help us analyze and understand how you use this website. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. [3] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. The palatially palatial extravaganza is the personal chef-d’œuvre of Nile Niami, arguably L.A.’s most famous — and famously bombastic — developer of ultra-high-end mansions, the snazzy contemporary kind seen in magazines and bought by billionaires.The San Fernando Valley native first came to prominence about a decade ago designing Hollywood Hills homes in the $20 million range; … Netflix co-CEO lists Malibu beach pad for $15M, Hyatt hotel heir Adam Pritzker buys Montecito estate, Malibu 92065: Pandemic propels LA’s hottest housing market, In-N-Out: Burger chain billionaire relists Bradbury mansion, Jordana Reuben buys massive Beverly Hills estate at a big discount, Kawhi Leonard’s $17M Pacific Palisades buy marks 3rd SoCal home, Rudolph Valentino’s former Beverly Hills estate sells for $15M, Ariana Grande buys 3rd LA-area property in a year. Yvonne Niami, the wife of mega-mansion builder Nile Niami of Skyline Development Inc., filed for divorce last month, a decision that could have significant implications for the developer’s real estate holdings, The Real Deal has learned. [9], "The Making of the Most Expensive Mansion in History", "Who Wants to Buy the Most Expensive House in America? This category only includes cookies that ensures basic functionalities and security features of the website. ", "In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires", "7 Things to Know About the Coming $500 Million Mega-Mansion in Bel Air", "Diddy's New $39-Million Mansion Has an Underwater Tunnel", https://www.architecturaldigest.com/story/the-worlds-largest-and-priciest-home-is-ready-for-its-close-up, "California Dreaming: Record $500 Million Tag on L.A. Home", "This Is America's Biggest, Priciest New Home", "Scooter Braun sells to developer building $500-million Bel-Air compound", https://en.wikipedia.org/w/index.php?title=Nile_Niami&oldid=1010124087, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 March 2021, at 22:35. Nile Niami Is L.A.’s Megamansion King. A Niami spokesperson said a creditor “misrepresented facts,” which led to the filing. "[1], Niami has built a megamansion in Bel Air, also designed by Paul McClean,[4] which is listed on the real estate market for US$340 million. We are having some technical difficulties. Nile Niami’s Career. Standing on a grassy knoll in a tightfitting V-neck T-shirt and gold-rimmed aviators, views of the Los Angeles basin and a cluster of sunbathing women sprawled out behind him, developer Nile Niami looked every bit the king of the city’s megamansion scene. The mansion, dubbed 'The One' and developed by former film producer Nile Niami, sits atop a hill in the affluent Los Angeles neighborhood of Bel Air and is expected to be ready for sale soon. livabl.com. [1] It is the most expensive private residence in the United States,[8] and at 100,000 square feet will be one of the largest private homes in the US. How the couple’s assets will be divided — particularly Niami’s real estate — will depend on the existence of … Nile Niami (born c. 1968) is an American film producer and real estate developer. Niami is also dealing with a lawsuit from Compass Concierge over a 2019 loan on a Bel Air mansion. All rights reserved © 2021 The Real Deal is a registered Trademark of Korangy Publishing Inc. Please Allow Javascript and reload this page. For full functionality of this site it is necessary to enable JavaScript. Nile Niami and his West Hollywood property (Getty, iStock) Nile Niami has placed a West Hollywood spec mansion into bankruptcy, eight months after … By clicking Subscribe you agree to our Privacy Policy. Select from premium Nile Niami of the highest quality. Spec developer Nile Niami has been issued a notice of default by bridge loan lender Hankey Capital, which helped finance the construction of his 105,000-square-foot mega-mansion known as The One. Nile Niami was born in Bel Air, Los Angeles, California in 1968. [2] The construction attracted unease from the Bel-Air Homeowners Alliance. Necessary cookies are absolutely essential for the website to function properly. [6][7] After eight years of development, it has been finished in the 2021. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. [3] Its chairman, Fred Rosen, suggested the house was so big it should have been "considered a commercial project", subject to more restrictive housing regulations. Living space is calculated at 105,000 square feet and it took almost a decade to design and build. Nile NIAMI : Family Tree - Geneastar [5] He also hired architect Paul McClean to build a house for the Winklevoss twins Cameron and Tyler in the Bird Streets (north of Sunset Boulevard). It's more fun than real estate development," she says. He has developed giga-mansions in Bel Air and Holmby Hills. The property totals about a quarter of an acre, with a large back patio area centered around the pool. ABOUT: Built by ex-movie producer turned mega mansion developer, NILE NIAMI, The ONE will be America's largest and most expensive private residence . The Nile Niami net worth and salary figures above have been reported from a number of credible sources and websites. It’s being built by real estate developer Nile Niami and his longtime architect associate Paul McClean — arguably the most successful pair of spec-mansion builders that LA has ever seen. Originally listed at $100 million, the 20,000 sq. America’s most expensive home could be destined for foreclosure. Welcome to Mansion Global, a new international luxury real estate listings site, connecting affluent buyers with luxury listings, premium content and original market news and insights. Javascript is disabled in your web browser. Niami was born circa 1968 in Los Angeles, California. This website uses cookies to improve your experience while you navigate through the website. For years, spec developer Nile Niami has teased “The One” — a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. He has developed giga-mansions in Bel Air and Holmby Hills. Has He Built a House of Cards? Residential Real Estate The One PR. Nile Niami is a producer and actor, known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). [3][1] Additionally, he built a house in Trousdale Estates, a neighborhood in the city of Beverly Hills, with "a spinning car turntable, similar to those in auto showrooms, that's visible from the living room. These cookies will be stored in your browser only with your consent. The website of famous genealogy! It is mandatory to procure user consent prior to running these cookies on your website. Nile Niami was slapped with five of the 15 fines doled out by the City of LA for illegal parties held in LA between April and August this year. The project was developed by Nile Niami with the assistance of architect Paul McClean and interior designer Kathryn Rotondi. Round-up of top news and topics for each of the following cities: Editorially-curated headlines and news to know for the following areas: The numbers behind office leases, retail, sales and financing. [2], Niami launched Wolfpack, a mobile app for single men looking for friends. Speculative developer Nile Niami, who is building a 100,000-square-foot Bel-Air mansion with a rumored price of $500 million, has sold another project in Beverly Hills for about $50 million. Many people didn’t know that he started as a film producer and then moved on to the real estate development world. ft. mega-mansion went for “about $40 million&#… Nile Niami is an American film producer and a real estate developer. The home has three bedrooms total and six bathrooms. [1][3][4] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell.

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