Hadid says he’s too broke to tear down megamansion

The developer, whose mansions have sold for tens of millions, says he doesn’t have the money to demolish his controversial Bel Air spec home

Nov.November 21, 2019 02:00 PM
Mohamed Hadid says he can’t pay to tear down his mansion (Credit: Getty Images, iStock)
Mohamed Hadid says he doesn’t have the $5 million needed to demolish his Bel Air mansion (Credit: Getty Images, iStock)

Mohamed Hadid says he can’t tear down his controversial Bel Air spec mansion as the city insists.

Why? Because the luxury developer now claims he doesn’t have the millions it would cost, according to the Daily Mail of London.

That’s the latest legal argument Hadid made through an attorney, in the years-long civil lawsuit against his 30,000-square-foot home that the city of Los Angeles says is illegal.

Hadid’s lawyer, Bruce Rudman told an L.A. County Superior Court judge that his client doesn’t have the estimated $5 million needed for demolition of the unfinished home on Strada Vecchia Road. City Attorney Mike Feuer’s office earlier this month said Hadid should tear down the building because its foundation does not meet minimum reinforcing requirements.

Hadid, father to supermodels Gigi and Bella, also says he doesn’t have the coin to pay an expected $500,000 fee to place the property in city receivership, according to the report.

Neighbors suing Hadid over the house say they aren’t buying his argument.

“We don’t accept his word for anything,” said Ariel Neuman, an attorney for the group suing, according to the Daily Mail report.

Hadid’s big real estate plays over the years have included the Le Belvedere mansion in Bel Air, which he sold for $50 million in 2010.

Hadid and the city have been battling it out in court over the spec mansion for over five years. In 2017, Hadid pleaded no contest to charges that he built the home in violation of city codes and has since torn down parts of the mansion to bring it up to code. But the city Department of Buildings and Safety told Hadid that his proposed renovations weren’t satisfactory. The developer maintains he did nothing wrong and only pleaded no contest to move forward.

He also faces an FBI investigation related to the controversial estate. [DM] — Matthew Blake

Related Articles

Four homes have been bought for a combined $400 million recently in L.A. (Credit: iStock, Wikipedia, and Westside Estate Agency)

The $100M club: LA’s priciest mansions are having a moment

The Chartwell Estate in Bel Air, Lachlan Murdoch and Jerry Perenchio (Credit: Getty Images)

Lachlan Murdoch sets LA record with $150M deal for Bel Air mansion

Hadid and the home (Credit: Getty Images)

Hadid: I must continue building Bel Air mansion to satisfy creditors

The Beverly House (Credit: Jade Mills Estates)

Beverly House owner hopes Saudi prince is his white knight

From top left, clockwise: 9601 Oak Pass Road, 915 Amalfi Drive, 915 Amalfi Drive, and 337 S Anita Avenue (Credit: Redfin)

Here are the top resi sales in LA County

Jeff Greene in front of his Beverly Hills abode, listed at $129 million (Credit: Zillow)

Here are LA County’s priciest resi listings last week

Mohamed Hadid and his spec mansion (Credit: Getty Images)

Mr. Hadid: Tear down that mansion, judge rules

The biggest sales in LA

Here are the biggest resi sales in LA County