 Looks like L.A. developer Mohamed Hadid,has a buyer for his monster 48,000-square-foot mansion in Bel-Air. WSJ reports that an unidentified Indonesian buyer is in contract to purchase the 10-bedroom, 14-bathroom mansion for around $50 million. That's quite a discount from the original asking price of $85 million, though it would still be the year's biggest residential real estate purchase in the U.S. About the property::
Looks like L.A. developer Mohamed Hadid,has a buyer for his monster 48,000-square-foot mansion in Bel-Air. WSJ reports that an unidentified Indonesian buyer is in contract to purchase the 10-bedroom, 14-bathroom mansion for around $50 million. That's quite a discount from the original asking price of $85 million, though it would still be the year's biggest residential real estate purchase in the U.S. About the property::
It has a ballroom seating more than 200, a music room and a 20-car motor court. There's a pond for swans, seven fountains, a Turkish hammam and a columned movie theater with a mural on the ceiling.

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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.