The One

Nile Niami, OPUS & The One- The Guardian

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America's costliest house: developer takes $500m gamble on Bel Air eyrie.

Niles Niami specializes in homes for the super-rich. All he needs is a billionaire to snap up his LA hilltop mansion called The One.

Nile Niami at his completed property The Opus in Los Angeles, California. He is due to put an even more luxurious property, known as The One, on the market later this year. Photograph: Dan Tuffs for the Guardian

Niles Niami stands on the rooftop of the most expensive house in America, the latest property he has built for billionaires, and considers the best way to describe his design aesthetic. “Badass,” he grins. “Yeah. Badass.”

Sweeping in every direction is a panoramic view of Los Angeles and the Pacific Ocean. Beneath him is a gargantuan glass and marble residence with moats, four swimming pools, 20 bedrooms, a nightclub, a bowling alley, a cinema and walls and ceilings made of jellyfish aquariums. Price: $500m.

Read the full article HERE.

Nile Niami & The One- NY Times

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Who Wants to Buy the Most Expensive House in America?

One man is building a house so enormous, and so absurdly lavish, that it may be the ultimate symbol of our age of thirst, excess and inequality. Asking price? $500 million.

“Let’s say you’re a super-wealthy single dude who just sold your company,” said Nile Niami. “You’ve just moved to L.A. and you don’t know anybody, so you hire someone to fill your house with partyers. You want everyone to know who you are, but you don’t want to talk to anybody. So you go sit in your V.I.P. room.”

Mr. Niami was giving a tour, and, unlike most home tours, this one started in the nightclub. It will have multiple bars, its own coat room and LED ceilings playing images of moving clouds. Beyond the floor-to-ceiling glass walls there is a swimming pool, along with panoramic views stretching to downtown Los Angeles and Century City.

The home is entering its fifth year of development. When finished this spring, it will be one of the largest private homes in America — 100,000 square feet — and, at an asking price of $500 million, will bill itself as the most expensive as well.

Read the full article HERE.