September 16, 2021 Breaking News, Latest News, and Videos

New Billionaire Towers Revealed: First Phase Sells $80 Million

By Samuel Harwood

Santa Monica’s greatest sources of glamor – the ocean, entertainment and real estate – came together at the launch party for 201 Ocean Ave Saturday February 29.

Known as the “billionaire towers” the complex overlooking the ocean at San Vicente houses athletes, celebrities, and international businessmen. The real estate team seeking to sell a new slew of units is led by Ryan Serhant of “Million Dollar Listings New York” which was filming the event. (He also played “Hedge Fund Dave” in the film “While We’re Young”).

The 318 unit conversion highlights 1-3 bedroom units ranging from $1 to $5 million, most of which have an ocean view.

According to Serhant’s managing partner Sebastian Wolski, selling the residences amounts to “One of the biggest projects ever by any broker…Our total sellout on the first phase is close to about $80 million in sales.” The centerpiece of the launch event was a tour of the units themselves with the hope of selling their highest priced unit, a 1744 square foot two bedroom, three bath oceanside apartment valued at $4.7 million replique de montre.

Prior to the tour guests and potential buyers settled in with a live DJ and complimentary beverages from the event’s sponsors.

Wolski and other representatives of the Serhant team were unambiguous in stating both the profit-driven ends of the event and the superrich coterie they were aiming for. As Wolski said, “We want to get as many people interested in purchasing as we can.”

“You can’t beat it,” he added.  “It’s oceanside in Los Angeles, the tallest residential towers. It’s the best place ever.”

in News
Related Posts

Veteran Killed in Stabbing at Encampment Alongside West Los Angeles VA

September 15, 2021

September 15, 2021

Wednesday morning incident under investigation    By Sam Catanzaro A homicide investigation is underway following a stabbing at a homeless encampment...

Santa Monica Partners with McCabe’s Guitar Shop for a Reimagined Annual Concert Series

September 14, 2021

September 14, 2021

Americana in the Park, a New Free Concert Series Launches this September and October By Sam Catanzaro The City of...

Vaccine and Mask Mandates for Santa Monica College In-Person Classes this Fall

September 14, 2021

September 14, 2021

As Santa Monica College returns for the fall semester new protocols are in place, learn about campus capacity, vaccine and...

Santa Monica Beat – Will Big Blue Buses Accept Cash Fare Again?: September 13, 2021

September 13, 2021

September 13, 2021

Local news and culture in under 5 minutes. * Will Big Blue Buses Accept Cash Fare Again? * Video Game...

Report Urges Against Splitting Santa Monica-Malibu School District

September 9, 2021

September 9, 2021

LA County Office of Education Division of Business Advisory Services releases report ahead of September 18 meeting By Sam Catanzaro...

Distinguished Speaker Series Expands to Long Beach, Celebrates 24 Years of Candid, Relaxed Evenings With Renowned Changemakers

September 7, 2021

September 7, 2021

Series features Former President George W. Bush in September, 24 years after his mother and former First Lady of the...

Two Classic Car Shows Are Coming To The Westside To Support Hispanic Heritage: Santa Monica Beat – September 7, 2021

September 7, 2021

September 7, 2021

Local news and culture in under 5 minutes. * Two Classic Car Shows Are Coming To The Westside To Support...

Road Rage Leads to Shooting in Santa Monica

September 7, 2021

September 7, 2021

Santa Monica police investigating September 6 incident By Sam Catanzaro Santa Monica police are investigating an incident of road rage...

Santa Monicans Frustrated After Getting Ticketed for Return of Weekly Street Sweeping

September 2, 2021

September 2, 2021

Residents say they were not notified resumption of regular sweeping this week  By Sam Catanzaro Many Santa Monica residents are...

Pacific Park’s Ferris Wheel Salutes American Workers With A 130-Feet Tall Waving American Flag Over Labor Day Weekend

September 2, 2021

September 2, 2021

Pacific Park on the Santa Monica Pier will honor American workers with the Ferris Wheel’s dazzling display of red, white...

Police Investigating Report of Shots Fired on Santa Monica Pier

September 1, 2021

September 1, 2021

SMPD investigating Tuesday night incident By Sam Catanzaro Police are investigating reports of shots fired on the Santa Monica Pier....

Body Found on Will Rogers State Beach

August 31, 2021

August 31, 2021

Body found early Sunday morning By Sam Catanzaro A body was found on Will Rogers State Beach in Pacific Palisades...

Man Arrested for Promenade Burglary, Released, Before Breaking Into Same Business Days Later

August 31, 2021

August 31, 2021

Jason Tyrone Strickland faces three counts of burglary By Sam Catanzaro A man faces three counts of burglary after getting...

Muscle Beach Receives $500,000 From L.A. Park Commissioners

August 30, 2021

August 30, 2021

The L.A. Board of Recreation and Park Commissioners has granted the iconic Muscle Beach with $500,000 learn what they plan...