Casey Wasserman, the chairman of the 2028 Los Angeles Olympics organizing committee, has reduced the asking price for his Los Angeles mansion by nearly $8 million. The property is now listed at $24.995 million, a substantial decrease from its initial $32.5 million listing price in September 2025. This follows an earlier price cut of $2.6 million.
The real estate maneuver comes amid public scrutiny over Wasserman's past connections to Jeffrey Epstein. Revelations that Wasserman exchanged emails with Ghislaine Maxwell and flew on Epstein's private jet prompted calls for his resignation.
Wasserman, whose estimated net worth is around $400 million, purchased the 11,179-square-foot residence in the exclusive Bird Streets neighborhood for $23.6 million in August 2020. The property, designed by XTEN Architects, was previously recognized with an AIA Los Angeles Award for Most Influential Architecture of 2020. Inspired by Stanley Kubrick's "2001: A Space Odyssey," the home features extensive glass, terrazzo floors, and panoramic views of Los Angeles. The five-bedroom, seven-bathroom estate includes a professional theater, gym, dance studio, office, and space for art display, as well as an infinity pool and an eight-car subterranean garage.
In response to the surfacing of his past interactions, Wasserman issued an apology, expressing regret for the decades-old correspondence. He stated that he had no business or personal relationship with Epstein and that the interactions predated the knowledge of Maxwell's crimes. Despite the controversy, the LA28 committee's internal review determined Wasserman would remain in his leadership role. The review noted that Wasserman's flight on Epstein's plane was reportedly part of a humanitarian mission to Africa organized at the invitation of the Clinton Foundation. Los Angeles Mayor Karen Bass and other political figures had called for his departure from the committee.