Plaza gets an infusion of F-blew

(Editor’s note: Since I found this state-of-the art version of the previous Tex & Edna Boil video, I’ve replaced the old one with another in which Tex & Edna get into the curio-barn business … sort of like Carl Icahn, come to think of it.) Stiffs has been getting stiffed by Anthony Santo, who recently scored a heckuva deal over at Uncle Carl’s Carpet Barn, formerly known as Fontainebleau. Acting on behalf of Tamares Real Estate, Santo scarfed up “top-flight wallpaper, carpet, tile, sofas, chairs, desks, dressers, side tables and bed frames” not yet installed in F-blew. The Las Vegas Sun‘s story allays suspicions that Carl Icahn was stripping the already-furnished rooms and peddling that inventory, too. (Not yet, anyway.)

Since Santo is mum, I’ve been unable to learn not only how much he spent over at Uncle Carl’s or whether his big haul included any previously installed furniture. The money question, so to speak, is how much of the the Plaza’s $20 million renovation budget was plowed into the rummage sale. Or is this the $20 million renovation? (Update: A reader points out to me that shoehorning F-blew furniture into much smaller Plaza rooms might be difficult. Hadn’t thought of that.)

Santo and Tamares fell into a big patch of luck here. Because of F-blew’s straitened circumstances, they’ve been able to acquire a much higher grade of furnishings than they probably could have afforded on the open market. Once everything is installed in its new home, the Plaza is going to look considerably more upscale in a hurry. (Although the Rush Tower at the nearby Golden Nugget sets a very high bar for Tamares to clear.)

With great furniture comes great responsibility: It’s incumbent upon Tamares to re-do the remainder of the Plaza to make it worthy of its new furnishings. If they skimp — in classic Tamares fashion — hotel guests will be treated to the incongruous spectacle of luxury-resort furniture in “worn, motellike rooms” above a seedy casino floor. For the moment, though, Santo’s bargain play is the most credible signal to date that Tamares’ big makeover is for real and not just more mouthwash from slum lords.

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