Nile Niami
Nile Niami | |
---|---|
Born | Los Angeles, California, U.S. | February 25, 1968
Occupation | Film producer, real estate developer |
Nile Niami (born February 25, 1968) is an American former film producer turned real estate developer, who has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills.[1]
Early life[]
Niami was born in circa 1968 in Los Angeles, California.[2] He was raised by a single mother,[3] a special education teacher.[2]
Career[]
Niami started his career as a film producer.[2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell.[3]
As a real estate developer in Los Angeles, Niami built a mansion in Holmby Hills which he sold to a Saudi buyer for US$44 million.[4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014.[6] He also hired architect to build a house for the Winklevoss twins Cameron and Tyler in the Bird Streets (north of Sunset Boulevard).[4][2] 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."[2]
"The One", Niami's unfinished mega-mansion in Bel Air, was also designed by Paul McClean.[5][7][8] After eight years of development and numerous delays, it was scheduled to be completed in 2021, but has yet to have been issued a certificate of occupancy.[3] The construction attracted unease from the Bel-Air Homeowners Alliance,[4] whose chairman, Fred Rosen, suggested it was so big it should have been "considered a commercial project", subject to more restrictive regulations.[2] It was billed as the most expensive private residence in the United States,[9] and at 105,000 square feet would have been one of the country's largest private homes.[3] In March 2021, Niami's LLC, Crestlloyd, defaulted on US$165 million in debt related to the property, causing it to enter receivership.[10] A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.[11]
Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available.[12]
Personal life[]
Niami purchased Scooter Braun's Bel Air house for US$9.5 million in July 2015.[13]
Filmography[]
As producer[]
- Galaxis (1995)
- T.N.T. (1997)
- DNA (1997)
- Point Blank (1998)
- The Patriot (1998)
- The Survivor (1998)
- Resurrection (1999)
- Justice (1999)
- The Watcher (2000)
- Camouflage (2001)
- Tart (2001)
References[]
- ^ "Foreclosure looms for Nile Niami's infamous mega-mansion 'The One'". Los Angeles Times. 2021-03-09. Retrieved 2021-04-17.
- ^ a b c d e f g Bagley, Christopher (November 13, 2015). "The Making of the Most Expensive Mansion in History". Details. Retrieved January 24, 2016.
- ^ a b c d Candace Jackson, "Who Wants to Buy the Most Expensive House in America?" New York Times, December 23, 2017.
- ^ a b c d Halderman, Peter (December 5, 2014). "In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires". The New York Times. Retrieved January 24, 2016.
- ^ a b Tablang, Kristin (June 30, 2015). "7 Things to Know About the Coming $500 Million Mega-Mansion in Bel Air". Forbes. Retrieved January 24, 2016.
- ^ Barragan, Bianca (September 16, 2014). "Diddy's New $39-Million Mansion Has an Underwater Tunnel". Curbed.com. Retrieved January 24, 2016.
- ^ "The World's Largest—and America's Priciest—Home Is Ready for Its Close-up". Architectural Digest. 2021-01-12. Retrieved 2021-08-18.
- ^ Gittelsohn, John (May 26, 2015). "California Dreaming: Record $500 Million Tag on L.A. Home". Bloomberg Business. Retrieved January 24, 2016.
- ^ Tuttle, Brad (May 28, 2015). "This Is America's Biggest, Priciest New Home". Time. Archived from the original on May 28, 2015. Retrieved January 24, 2016.
- ^ Frank, Robert (2021-09-08). "Most expensive home in America defaults on $165 million in debt, heads for sale". CNBC. Retrieved 2021-09-08.
- ^ Randles, Jonathan (October 27, 2021). "Nile Niami's L.A. Megamansion 'The One' Is Put Into Bankruptcy". WSJ. Retrieved November 25, 2021.
- ^ Tablang, Niami (January 22, 2015). "Wayback Machine: Wolfpackapp". wolfpackapp. Archived from the original on 2015-01-22. Retrieved June 4, 2021.
- ^ Leitereg, Neal J. (July 13, 2015). "Scooter Braun sells to developer building $500-million Bel-Air compound". Los Angeles Times. Retrieved January 24, 2016.
External links[]
- Nile Niami at IMDb
- Living people
- 1960s births
- People from Bel Air, Los Angeles
- Businesspeople from Los Angeles
- Film producers from California
- American real estate businesspeople