The "World's Most Expensive Home" Is On Its Way
Posted by Bruce Wagg on
DOUGLAS FRIEDMAN
In a January 13th Los Angeles Magazine article, writer Gwynedd Stuart reported on the building of what will be a spec mansion of 105,000 square feet in the Bel-Air section of Los Angeles that is being referred to as "the One" by its developer Nile Niami. She reveals that its price is rumored to be a stunning $340 million dollars and said that Naimi, a mega mansion developer, had set out almost 10 years ago with a goal "to build the most expensive house in the urban world."
As it stands now, the mansion is on its way to being among the top three largest homes in America, with the first being Oheka Castle in New York at 109,000 square feet, and Delaware's Winterhur, at 96,000 square feet. It was designed by architect Paul…
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