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Originally Posted by solstadwest
Excellent comment I'm very confused on this one. My understanding is that this will be like " the big dig" ala palazzo. 5 story underground parking. after this is completed they will need to seek mor finatial input from Duetche bank for the residual of the construction. The casino tower will be built first then the beach tower ( the small tower closer to the strip) this smaller tower as of today is only 40% sold out! why? I don't know. out of all the condos this by far has the best location
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I agree that the beach tower has the best location. My hunch on why the beach tower is only 40% sold out is the same studio sold for a couple of hundred grand less in the main tower, which doesn't make it as good a value for investors. Also, there is a 30% down requirement for the beach tower versus the 20% for the main tower...