[shadowbat2]

More on the Fontainebleau:

http://www.frontdesktip.com/1315/fon...l-be-finished/

Things Are Changing With The Big Blue Eyesore

In a press release, Witkoff says the property will no longer be called Fontainebleau. The new owners are referring to the property as 2755 Las Vegas Boulevard South. The company that ends up operating the property (more on that shortly) will probably give it an official name.

When originally planned, Fontainebleau was to open as a property of condominiums and hotel rooms. The developer will finish the building as a casino-resort with nearly 4,000 hotel rooms. There are no plans to sell condos according to the NY Post.

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Witkoff is a developer, real estate agency, and investor. They aren’t a casino operator but do have almost 10 hotels and mixed use properties in their portfolio. It appears as though the new owners might want to finish construction and sell the property in a couple of years to a casino operator.