Undeterred by the complete tanking of the high-rise-condo market in Las Vegas, joint-venture partners Station Casinos and Fisher Bros. had still planned a pair of condo towers on or very near where Richfield Village currently stands (above). That’s probably the biggest surprise that turned up when I endeavored to find out what happens to the area now that it and a veritable grab-bag of Station-owned real estate will be back on the market, presuming that a Station/Deutsche Bank accord is OK’d by the bankruptcy court. Since the Feritta Brothers have indicated — via new Station CFO (and man to watch) Marc Falcone — that they intend to reacquire whatever’s put up for auction, that means that Station and Fisher, having already spent at least $95 million sewing up Richfield Village, would have to buy it all over again.
The un-Cirque. There are two Elvis Presley-inspired musicals playing in the Vegas area right now. One is a multinational, multimillion-dollar megaproduction, the other is semi-professional. One has the explicit endorsement of Presley’s widow, the other does not. One is on the Strip, the other is in … Summerlin?!?! Guess which one is better.
Manilow returns. The jinx of the Paris-Las Vegas showroom has finally been broken by a certain Barry Manilow, who’s as good as ever, provided that’s your thing (and you can afford it). Regrets Only, at Las Vegas Little Theatre, is a waste of a good set.
With all the failed high rise condos standing vacant up and down the Strip, why, why would a bank, that was involved in the first wave and is currently having to foreclose on so much property, agreeing to finance another so to be fail venture?
Could you give me the telephone number of that bank person?…I need some money,…I mean financing….For a condo project I am thinking of building…..soon… at, you know….
I was just visiting the U.S. from London and I fell in love with California and Las Vegas. My wife and I are even considering a condo in vegas for the Summer.
I read the article about the condo tower development between Station Casinos and Fisher Bothers and it seems like no one knows what is going on there which probably means nothing will be built there for a long, long time at that location. Marc Falcone has his work cut out for him working for Station Casinos because they are in deep trouble with all their overbuilding of local casinos in Las Vegas and all the land they have purchased over the years in the Las Vegas valley.
I saw Barry Manilow’s show on Friday night. The performance was excellent. He is very personable and truly endears himself to his audience with stories of his childhood. The visuals, videos and stills shown within gilded picture frames, were very well done. This show is the best thing to happen for Paris entertainment since it opened!