The One (Los Angeles)

[4] Residents of Bel-Air who opposed the project formed a homeowners alliance, which was led by Fred Rosen, the former chief executive officer (CEO) of Ticketmaster, who insisted that it should be permitted as a commercial development.The One also has a 10,000-square-foot (930 m2) skydeck, putting green, a 30-car garage with two display car turntables, four-lane bowling alley, movie theater, nightclub, hair salon, a "philanthropy wing" designed to host charity galas with up to 200 guests, and a "Monaco-style" casino.[11] The One contains custom art pieces made by Niclas Castello, Mike Fields, Stephen Wilson, and Simone Cenedese.[15] Crestlloyd went into bankruptcy under Chapter 11 in an attempt to prevent The One from falling into foreclosure,[16] but the Los Angeles County Superior Court put the property into receivership in July.[17] Niami sought to create a cryptocurrency called The One Coin that would be backed by the house to raise funds to pay off the debt, but the plan did not succeed.
ModernistBel-Air, Los AngelesCoordinatesRichard SaghianNile NiamiBel AirLos AngelesCaliforniacompoundbankruptcyPacific OceanDowntown Los AngelesSan Gabriel MountainsFred Rosenchief executive officerTicketmasterLos Angeles City Councilmodernist architecturecar turntablesbowling alleycasinoinfinity edgeFortuneNiclas CastelloLos Angeles Timeswhite elephantDon Hankeydefaultlimited liability companyChapter 11Los Angeles County Superior CourtcryptocurrencyConcierge AuctionsFashion NovaHearst EstateBeverly Hillscertificate of occupancyApple TV+List of largest houses in the Los Angeles metropolitan areaList of largest houses in the United StatesRobb Report