ASHLEY RIEGLE, DERICK YANEHIRO and LAUREN EFFRON. The property mogul, who began his career as a low budget movie producer, is also currently attempting to sell the most expensive home in the country: a $500 million estate in Beverly Hills he calls The One. America's most expensive home is on verge of foreclosure: Investors behind $500m Bel Air mega mansion complain that 'distracted' developer Nile Niami Menu DUK News Daniele Aga lives next door to the Londonderry Place property, and told DailyMail.com the last party there was a month ago with dozens of maskless youths arriving in a party bus. Nobody's wearing a mask. A neighbor of the St Ives Drive property, who also asked not to be named for fear of reprisals, said Niami's mansion used to be home to rapper Puff Daddy's son. Twitter. It could be the salvation of the modern male heterosexual friendship. “A lonely guy that lost track of all his buddies because he was married for 20 years and when they got divorced he had … nobody to do anything with,” Niami said. 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But the owner doesn't care. One user named Kevin Thomsen said he was married for 10 years, and is recently divorced. Developer Nile Niami just sold a Hollywood Hills home for $9.58 million, a bit more than he paid five years ago when he bought it from Scooter Braun. Tumblr - Advertisement - Nile Niami is an American film producer and a real estate developer. 24/7 coverage of breaking news and live events. People arrive at midnight, 1am. 'It's COVID, how are you having parties? One of Niami's properties, a $40 million, 14,000 sq ft six-bedroom home on Londonderry Place in the Hollywood Hills, was cited three times – on April 15, May 12 and again just three days later on May 15. It’s called Wolfpack and, yes, it does howl. At night the number of sports cars flying up the street was really high and really noisy,' the 55-year-old added. This summer LA Mayor Eric Garcetti began a harsher crackdown, cutting off power to houses that repeatedly flouted public health rules. Nile Niami, Don Hanky and The One (Getty, Society Group PR) Nile Niami It’s done in “The One,” but his financial problems continue to grow. “We were very cognizant from the very beginning to make this a manly site,” he said. Truly. People arrive at midnight, 1am. Niami was also sued in October for allegedly failing to pay a $200 million loan on one of his properties. A peek at Niami's desk. The One is big enough to get legitimately lost on your own house. That includes not hosting or attending parties that put themselves, their neighbors and many others at risk,' Garcetti said at the time. People arrive at midnight, 1am. They have no respect for anyone.'. Linkedin. 'The City has disconnected utility service for several residences whose owners and residents have failed to follow our public health orders and ignored multiple warnings to stop hosting large gatherings,' a spokeswoman said in a statement. The three bed, 6,000 sq ft home is worth $11 million according to Zillow and boasts stunning views over LA. Turn on desktop notifications for breaking stories about interest? And when they're not all indoors together they're drag racing down the street.'. 'I would say 20 or 30 people with no masks. It's a constant party for them. Called The … ". Pictured: Niami's property on Londonderry Place, And DailyMail.com has learned the party-loving businessman was hit with two more citations last month for large parties breaching coronavirus public health rules, Niami, 52, has been renting to groups of young wealthy social media influencers and TikTok stars, raking in as much as $50,000 a month in rental income. Niami was born circa 1968 in Los Angeles, California. 'He put loudspeakers in the driveway. 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A post shared by Nile Niami (@nileniami) on Jan 26, 2018 at 12:50pm PST Earlier this month, he posed for photos at one in every of his tasks, a $65 million home in Bel-Air, in only a fur coat and Calvin Klein boxers, holding a bottle of tequila in every hand; he was showing in a music video with Blac Chyna, an actress and musician. In 2001, she was disastrously murdered by a home invader. According to a July report in the Wall Street Journal, the developer has not sold a major project since 2017, and was due in October to repay a $82.5 million loan on his as yet unsold $500 million mega-mansion. 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. Just unreal. 'In October, the Los Angeles Police Department affixed warnings on the properties at 9066 St Ives Drive and 1369 Londonderry Place about possible utility disconnection for hosting large gatherings there.'. ReddIt. The brainchild of Nile Niami, a movie producer turned real estate developer, he said a recently divorced friend inspired him to create the app. Nile Niami net worth: Nile Niami is an American film producer and real estate developer who has a net worth of $50 million. 'People are having parties here because the nightclubs are closed,' she said. 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. According to official figures, brash realtor Nile Niami was slapped with five of the 15 fines doled out by the City for illegal parties held in LA between April, when the pandemic first took hold, and August this year. 'Last time he had two in one week. They're constantly having people over without masks, being loud. Pinterest. Last month he … the 75-year-old said. Just launched in January, Niami says Wolfpack has 4,000 users so far, mostly in the Los Angeles area. It's used as a party house,' she said, At a house showing last year for one of his $55 million mansions, potential buyers were greeted by a live camel and treated to displays by scantily-clad fire dancers, One of Niami's properties, a $40 million, 14,000 sq ft six-bedroom home on Londonderry Place (pictured) in the Hollywood Hills, was cited three times – on April 15, May 12 and again just three days later on May 15, A neighbor said: 'They drop young people late at night around 11pm. Twitter … But his plans are now in peril. 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 'Sometimes the police come and put up a citation. A billionaire property developer has been found responsible for more than a third of all pandemic house parties hit with citations by the City of Los Angeles, DailyMail.com can reveal. 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; … App developer hopes his app can be the salvation of the modern male heterosexual friendship. For more, please visit the Life section . 'These citations were given to renters of the properties owned by Mr. Niami who was not present, and in no way approved these events to take place,' the spokesman said. With Wolfpack, users can pick and choose friends, and discard ones they don’t connect with, not so unlike today’s online dating apps, but Niami said Wolfpack is not meant to be a dating app. By the way, we say “unexpectedly” because the house was built on speculation and at great expense by prominent real estate developer Nile Niami. “I used to be on a bowling team... but the bowling team was literally my brother-in-law, and his uncle, and another co-worker of hers,” he said. Sometimes there's a party bus. The Hollywood resident said the exclusive street is now a hotspot for young TikTokkers hosting raucous bashes, with a second house also disturbing neighbors and gathering dozens of people indoors without masks.
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