The One is a private residence in Bel Air, Los Angeles, California, United States. It is a compound of a main residence and three smaller houses in the modernist style and was developed by Nile Niami. The property is 105,000 square feet (9,800 m2) on 3.8 acres (1.5 ha).
Construction began in 2014. Following delays, it was completed in 2021. Niami initially sought to sell the mansion for $500 million, but his company fell into bankruptcy and the building sold at auction for $126 million, a record auction sale price in the United States.
It's owned by Richard Saghian who is a fast fashion douchebag.
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I saw an article about how rich people build museums attached to their homes. They get a tax deduction from the building costs, and don't have to pay property taxes on that part. They use them for private parties, weddings, etc.
They're supposed to be open to the public, but of course nobody from the government checks into that. The reporter wasn't able to get into any of them.
I'm assuming that's what the "philanthropy wing" is about.
If you have to finagle a tax break into it, it's a pretty weak ass show of wealth.
Getting other people to pay for your shit is like 80% of being wealthy.
Look at Elon and his government subsidies, nfl owners and city subsidies for their stadiums they charge people 100s of dollars to enter, or Trump successfully getting rhe rnc to pay his legal fees.
I used to be a forklift driver in a warehouse that was 30,000 square feet smaller than this house
Technically speaking it doesn't matter because the philanthropy wing is a carbon offset.
this house became notorious a few years ago from a truly obnoxious YouTube house tour the builder gave a knockoff Robin Leach, then for hosting massive covid-rule breaking parties.
the video is quite a watch if you can get through it, I hated everyone involved
https://youtu.be/_H2xmRseiDw
the gall of this guy to act like his house is sustainable
also apparently hes bankrupt
Construction began in 2014. Following delays, it was completed in 2021. Niami initially sought to sell the mansion for $500 million, but his company fell into bankruptcy and the building sold at auction for $126 million, a record auction sale price in the United States.
It costs $50,000 a month in electricity costs to cool during the summer
https://youtu.be/_H2xmRseiDw
Thanks. I hated it even though I only watched a few bits and pieces.
knockoff Robin Leach
Indeed.
A comment...
As someone who has driven past this house maybe 1,000 times, I can tell you IRL this place looks like a military compound or a museum, not a home.
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
Yeah I came here to recommend the video, it's an absolutely incredible comedy as you watch a pathetic young money man try to pretend that he hasn't wasted all of his money on hubris to an old money man that is constantly judging his terrible choices.
The One
I can't remember anything
Can't tell, is this the dining or gala wing?
Deep down these hallways I must scream.
The terrible home's size swallows me!
I was on the CNN page for Milton and they had an update about what looked like a very out of place photo. I thought was a gigantic British estate (What the fuck is that???) and it turned out to be the Biltmore. And that caused me to go to Wikipedia.
yeah, the patriarch that had it built was obsessed with developing the American aristocracy, specifically by aping the western European estate system. completely deranged, but wealthy beyond measure.
like those old estates and the mega homes built by other tycoons, it was impossible to maintain without a massive, expanding stream of cash expropriated from workers. so it was bought by some other rich bozos and turned into a tourist attraction that sanitizes the history of the tycoon's family which I guess was part of the sale terms.
it's completely stupid and out of place, and not even in an interesting way like Ca d'Zan, which also was another albatross and was eventually dumped on the state.
Imagine spending fucking $100 million and you still don't have any outdoor space and your house is completely surrounded by roads on every side.
This is the opposite of "location location location" the most expensive and psedo luxurious home possible but the air in your yard is 80% car emissions.
I was gonna say for 126m I'd get like a forest or a giant lab or something to do something with
It doesn't even look big. What's the point of all that space if you're not showing it off?
This looks like the house they used to film Tony Stark's mansion in the MCU. I wonder if this was developed by a bazinga-brain architect.
