Jeff Klein Isn’t Selling San Vicente Bungalows — Unless It’s “F*** You” Money

Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Logo text Is Jeff Klein looking to open a San Vicente Bungalow in Palm Springs? Or is he looking to cash out? That was the question left open by The Wall Street Journal ’s March 19 bombshell scoop — that Klein, 54, was working with Goldman Sachs and real-estate firm JLL to find a new investment partner for his high-end hospitality empire, long a magnet for A-list celebs and industry climbers, ostensibly as part of an expansion plan. “We are currently looking at several new locations and evaluating different ways to structure the next phase of growth while protecting the magic and exclusivity,” Klein told the Journal . Related Stories Music Cardi B Calls Out Canadian Fans Over Slow Ticket Sales: "Y'all Not Breaking My Perfectly Sold-Out Streak" Lifestyle Is Jim Morrison's Favorite Laurel Canyon Hangout About to Become a Liquor Mart? Notably, though, the Journal also reported that Klein would “consider selling a majority or even all of the businesses,” including his West Hollywood and New York properties. In other words, the Journal suggested, he might just take the money and run. Rambling Reporter gave Klein a call to clear up the confusion and learned that it’s definitely the former — unless, of course, the money ends up being stupid enough for it to be the latter. “If a ‘fuck you’ offer were to come, of course we would consider it,” Klein replies when asked about the Journal story. “But that’s not the plan.” Instead, Klein says, he’s hoping to open a slew of new properties, although none in locations more than a car-ride away from L.A. — think Palm Springs and Santa Barbara — where he can continue to serve his core constituency, which includes pretty much every bold-type name in town, from Leo DiCaprio to Prince Harry and Meghan Markle to ...