From the category archives:

condo cancellations

Manhattan West’s Future is Uncertain

by admin on January 3, 2009

Manhattan West has stalled, suspending construction until new financing can be secured. It’s kind of ironic, considering what the developer, Alex Edelstein stated in the press last year to another developer when his project was cancelled.
Gemstone Development who developed the Manhattan condos community on south Las Vegas boulevard has lost funding for the $350 million [...]

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St. Regis condos out

by admin on November 14, 2008

The Sands corporation treading on financially shaky ground has announced that they have agreements to raise some 2.14 Billion dollars in new funding. With the economic slowdown, lower occupancy rates and the development of their Macao property (construction had been suspended earlier in the week), Sands has been in economic straights.
Another project in the works [...]

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