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Piero Selvaggio's Santa Monica Valentino on the Market

More signs that Valentino at the Venetian is closing in June. Piero Selvaggio tells Eater LA that he is putting his 41-year-old Santa Monica Italian institution Valentino on the market for $4.9 million.

I am tempted by the HOT Westside real Estate market and the many offers I receive... I have owned the land all along and If somebody wants the whole package, it will be contingent to move Valentino to a quainter location. After 40 years will be fun to have something new, different, smaller and bring some fun back into the name.

The selling price includes "the real estate, the furniture, fixtures and equipment and liquor license."

In March, rumors ran rampant that Valentino at the Venetian was shuttering come June with Daniel Boulud taking over the space for DBGB Kitchen & Bar. Since, nary a peep out of the resort about the closing, though insiders say an announcement is imminent.

Boulud announced his coming casual concept last week but no location has officially been released.
· 41 Years Later, Piero Selvaggio Lists Valentino For Sale [~ELA~]
· Daniel Boulud Rumored to Take Over the Valentino Space [~ELV~]
· All Coverage of Valentino [~ELV~]


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