[highriseLV]

The only thing I can put together is that Related has come into the LV market not understanding that construction costs are totally different here than they are in FL, or any other part of the country - because of the labor shortages and casinos. They start selling the buildings at prices they think they can get it built for, and then once they get the bids for construction, they see that they'll either lose money or profits will be minimal. It ends up making more sense for them to just scrap the project and sell the land. Why else would they not build a project (such as Icon) that is for the most part sold out?