Abandoned Mohamed Hadid Build Listed For $68 Million
The two fully permitted residences, currently under construction, sit upon 27.5 acres above Beverly Hills
The two fully permitted residences, currently under construction, sit upon 27.5 acres above Beverly Hills
The project sits on a 37-acre lot, the largest-ever permitted residential construction in Los Angeles
The move comes days after laying off 80 percent of its staff
Creditors opposed the sale because the auction came within a week of Russia’s attack on Ukraine, scaring off bidders
The undeveloped residential land at one time called for a 100,000 square foot mansion
Per Bankruptcy Court proceedings, the listing price will be $295 million
Per Bankruptcy Court proceedings, the listing price will be $250 million
The latest news follows last month’s report of a $100 million default
The property has been deemed a “clear and present danger” to the homes directly underneath
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