Massive reduction in value of Bel-Air mega-mansion sparks question over what defines 'ultra-high-end luxury' - Los Angeles Times

Massive reduction in value of Bel-Air mega-mansion sparks question over what defines 'ultra-high-end luxury' - Los Angeles Times: The L.A. County assessor took tens of millions off the market value of Mohamed Hadid's massive Bel-Air mansion after the wealthy developer appealed his assessment. In 2017 Hadid pleaded no contest to criminal charges relating to illegal construction on the property.