Ticketmaster millionaire throws huge fit over $24B high-speed tunnel planned near his Bel Air mansion

It’s been a dream of Angelinos for decades, a quick way through the dreaded Sepulveda Pass where traffic nightmares haunt commuters, often trapping them on the 405 Freeway for hours.

It seemed to move one step closer to a reality when LA Metro approved its preferred route and a heavy rail solution that promises an 18-minute trip from the San Fernando Valley to the Westside. The current average time is 90 minutes.

But not everyone is celebrating, especially one wealthy man behind a lawsuit hoping to stop or effectively delay the transportation project.

“The myth in this city is that this is 18 minutes…  and pigs can fly.” Fred Rosen, a Bel Air resident who founded Ticketmaster, told the California Post in an exclusive interview.

“If this was your money, would you spend it like this? In 25 years Metro hasn’t finished one project on time, one project on budget, and has the most cost per mile of any metro in the US,” Rosen says.

Metro estimates the long-awaited train will cost $24.2 billion, but says on its website that amount is in 2023 dollars.

“If you did that in a public company you’d be responsible for deceit, you might get sued by everyone,” says Rosen, who predicts the project will cost $40 billion, based on the per-mile costs of other transportation projects in the state.

Where the money is coming from is unclear. Metro says it will build the project in phases “so that segments can be built as funding becomes available” the website notes.

“Metro’s whole premise is not to work with the money they have.” the long-time Los Angeles resident says.

A bigger concern for Rosen, he believes the project won’t be done until 2050 and points to where technology will be in 24 years, with driverless cars and the arrival of Uber Copters flying over LA to get people around quickly. 

“It will be obsolete before it’s finished,” says Rosen, who also raises concern about the dangers of riding the city’s current Metro system. “How can you guarantee the Metro is going to be safe 20 years from now when it isn’t safe now.” 

Metro provided five plans for the long-awaited project — three were heavy rail and two were monorail. The approved plan touts a single-bore tunnel, which reduces areas of surface construction, a less costly route, and that the project won’t require a ventilation shaft in the Santa Monica Mountains. 

Los Angeles residents have been begging for a solution to the traffic problems in the Sepulveda Pass, and the corridor remains one of the last parts of LA that’s not connected to the rest of Metro.

Rosen is well aware that many may perceive him as a rich guy trying to keep a train from running under his Bel Air mansion.

“Its not about not wanting it in Bel Air. The fact that I live here doesn’t make me wrong, I think the idea is essentially stupid.

“I’d feel the same way if this was under Cheviot Hills or Compton, you don’t go under a residential community.”

The 82-year-old adds he has the means to pick up and leave,  “I can sell my house and move,” he says.

Rosen is putting his money where his mouth is. He’s spent “almost seven figures” on lawsuits against boring under Bel Air, and claims he demands answers from Metro and never gets them.

In one court filing, Rosen, through the nonprofit Keep Bel Air Beautiful, claims Metro chief planning officer Ray Sosa consulted UCLA for years on the billion-dollar project but never consulted Bel Air residents.

In a deposition, Sosa said Bel Air “is a residential neighborhood, a number of homes,” which doesn’t require “the same level of evaluation,” the papers said. 

Rosen, who listened to the deposition live, was furious. “What we’re dealing with is one set of idiots versus another set of incompetence versus another set of morons. They don’t even understand the communities they are dealing with.” he told The Post

He was accused of threatening Metro board members with violence, something he laughs at a vehemently denies. “I have never once threatened anyone physically in my life. I was out of shape when I was eight,” he says. 

He says he’s not done with legal filings. “I can keep this in court for another five years,” Rosen said. Metro didn’t immediately respond to The Post’s request for comment.  

Rosen has also famously taken shots at LA Supervisor Lyndsey Horvath. As a member of the Metro Board of Directors representing the Third District of Los Angeles County, she’s a heavy stakeholder in the project. She shared bombastic texts from him on her X account and called him the “Man child of Bel Air.”

Rosen sent her a picture of Sabrina Carpenter on her knees, stroking a man‘s leg, and wrote, “Looks like you at a Metro Board meeting… Sucking up to the incompetent executives of Metro is simply disgraceful.”

When asked about Horvath, Rosen doubled down. “If you want to come at me that’s fine, if you don’t like me that’s fine but you can’t lie to me. I detest her, full disclosure.”

Rosen does offer a solution for a congested Los Angeles, suggesting the monorail made more sense because there was no digging. 

Additionally, he proposes a three-lane second deck be added to the 405; two lanes for electric buses traveling to the airport and back, and one in case a bus brakes down. He predicts the project would come in around $10 billion.

“My goal is that common sense gets brought to this.” Rosen said.

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