![]() His half-built $100 million Bel Air mega-mansion was demolished recently, after a five-year fight with neighbors over safety concerns. With the recent unraveling of his Los Angeles real estate empire, Mohamed, who has more than 1.3 million Instagram followers, appears to have lost tens of millions of dollars in construction loans, and owes millions more to a host of builders. ![]() I stopped when he went crazy on Strada Vecchia. “He got bolder and bolder as he got these massive loans and his ego just exploded. “When I started with him, he wasn’t that way, but I wasn’t paying that much attention to city permits,” Linch said. Russell Linch, who told The Post he worked with Hadid for more than 15 years, claimed that he saw Mohamed cutting corners on the Bel Air property. In 2017, Mohamed pleaded no contest to violating building codes on the property, which he had hoped to sell for $100 million, and was sentenced to 200 hours of community service and fined. NY Post photo composite A bankruptcy trustee recently said Mohamed was poised to close a deal on the court-ordered auction of a 66-acre parcel of land he owns in the hills overlooking Los Angeles. Mohamed Hadid - the father of supermodels Gigi and Bella - has been hit with a wave of legal and financial troubles, including business bankruptcy and the demolition of his once-prized home. In 2019, a judge ruled that the four-story cliffside property, on Strada Vecchia Road, was “a danger to the public.” Neighbors feared it could slide down the hillside and destroy the homes below it. ![]() Two Hadid-controlled companies that own the land, Coldwater Development LLC and Lydda Lud LLC, filed for bankruptcy protection last year, according to court documents.Įarlier in March, demolition began on his sprawling, 30,000-square-foot home that angry Bel Air neighbors had dubbed the “ Starship Enterprise.” The teardown was the culmination of a five-year battle that local residents waged in the courts against Mohamed, 73, for cramming the mega-mansion onto a 1.22-acre lot without many of the proper city approvals. He had planned a lavish, hotel-size development, complete with horse stables, a helipad and 11 mansions with stunning views of the city. Last week, a bankruptcy trustee said Mohamed was poised to close a deal on the court-ordered auction of a 66-acre parcel of land he owns in the hills overlooking Los Angeles. While supermodels Bella and Gigi Hadid are flying high in their careers, their father, real estate developer Mohamed Hadid, is mired in financial and legal troubles. Gigi Hadid’s dad writes letter to her baby, further sparking birth rumors Mohamed Hadid, Terrence Howard on California delinquent taxpayer list Gigi Hadid admits she’s a ‘nepo baby’: ‘I’m not the prettiest person in the world’ Bella Hadid, Blake Lively attend birthday party for Gigi Hadid’s daughter Khai
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