LAS VEGAS | Boom Project Rundown! 2.0 - Page 272

Krases · #**5421** Posted **Jan 4, 2009, 12:13 AM**

I hope this economy turns around soon. The DOW Jones is over 9k now. Do you guys think things are getting better? I think things will come to a low point here in Vegas soon (if not already), then things will slowly get back to normal.

Aaron Auxier · #**5422** Posted **Jan 4, 2009, 1:31 AM**

Give me a little bit, I'll pull up all CLOSED transactions in Turnberry Place and Turnberry Towers (over the past three months) in a little bit. I'll post a link to them when done.

mac78130 · #**5423** Posted **Jan 4, 2009, 2:36 AM**

Well at least the Harmon website is still up...

http://www.theharmon.com/

Aaron Auxier · #**5424** Posted **Jan 4, 2009, 5:07 AM**

I did these searches on Jan. 3rd, 2009, and looked back for any actual resale closings in the last 90 days. The only prob is, I cannot send out the detailed report which shows the actual sold-per-foot numbers. These just show the listing price that they were priced at when they went into contract.

I manually did the math for the PPF on the detail I'm allowed to see.

Turnberry Place (last 90 days from Jan 3rd. 2009)

Approx. 8 resale units have closed at Turnberry Place with an average price per foot of approx. $307.63.

See the Turnberry Place Sold Comps here (scroll at bottom).

Turnberry Towers (last 90 days from Jan 3rd. 2009)

Approx. 2 resale units have closed at Turnberry Towers with an average per foot of approx. $523.50. (seems higher that TP but mind you one of these appears to have sold fully furnished (667 a foot).

See the Turnberry Towers Sold Comps here.

mdiederi · #**5425** Posted **Jan 4, 2009, 5:26 AM**

Thanks!

Aaron Auxier · #**5426** Posted **Jan 4, 2009, 6:46 AM**

Tonight, we decided to have a little fun and make some degree graphs. What do you think? If Veer Towers was built to lean at 22 degrees, don't you think that would be impossible? Secondly, if they were messed up and leaning at 44 degrees would we not see that with the naked eye?

By the way - did you know that the Leaning Tower of Pisa is estimated to be leaning just approx. 4 degrees? How could someone think that a tower was built here 5 times that amount? And then, on top of that, think that they are leaning 10x that amount?

Rendering of Veer at intended approx. 5-degree angles

A simple graph showing approx. 22 degree angle

A simple graph showing approx. 44 degree angle

I think we all know the only thing that is leaning too far to one side in Las Vegas - the media.

mac78130 · #**5427** Posted **Jan 4, 2009, 8:31 AM**

Thanks Aaron for all the stats and graphs. I'm so sick and tired of all the negative media.. I'm so close to canceling all my future trips to Vegas

ondarox · #**5428** Posted **Jan 4, 2009, 9:28 AM**

Trippies Awards are up at Vegas Tripping. Congrats Jazfinger on 3 years in a row!

mac78130 · #**5429** Posted **Jan 4, 2009, 10:30 AM**

A good panorama, Cosmo, Vdara, Bellagio and Caesar
flickr photo by stephen nguyen
http://flickr.com/photos/nguystep/3166399168/

mac78130 · #**5430** Posted **Jan 4, 2009, 10:42 AM**

soothing reflections
flickr photo by nick leonard
http://flickr.com/photos/nickleonard/3165891592/

justdefended · #**5431** Posted **Jan 4, 2009, 10:00 PM**

Perini, we have a problem.

mac78130 · #**5432** Posted **Jan 5, 2009, 3:06 AM**

2009 overview by LA Times

http://www.latimes.com/entertainment...tory?track=rss

Aaron Auxier · #**5433** Posted **Jan 5, 2009, 3:14 AM**

This is a rough estimate what Veer Towers would look like if they were leaning at 44 degrees. Even 22 degrees would be incredibly obvious to the naked eye. LOL.

leftopolis · #**5434** Posted **Jan 5, 2009, 3:17 AM**

Quote:

Originally Posted by mdiederi

From Norm's column on Thursday...The bigger concern, I'm told, is the central iconic tower, which was designed to lean about 22 degrees but is now almost double that because of a cabling issue. ...
http://www.lvrj.com/news/36967909.html

I clicked on the link just to be sure if there was more wrt this wierd, wild rumor--nada! of course I did discover that Norm's colomn is more or less a rumor mill more focused on paparazzi sightings than anything else. Nevertheless, you don't have to be the sharpest tool in the shed, or an architecture buff, to know that almost double 22 degreees is almost halfway betwween horizontal and vertical! It's common knowledge to understand that 90 degrees is perpendicular. "Cabling issue" was probably just thrown in to make it sound legitimate. The only explanation I can think of is that there was a typo and 2.2 degrees was the intended statement. If somebody would like to ask Norm himself:

Quote:

Norm Clarke can be reached at (702) 383-0244 or norm@reviewjournal.com. Find additional sightings and more online at www.normclarke.com.

mdiederi · #**5435** Posted **Jan 5, 2009, 4:46 AM**

LOL, good one! Is 45 degrees about the same angle of the sides of the Luxor?

justdefended · #**5436** Posted **Jan 5, 2009, 5:03 AM**

Well, The Harmon cancellation rumor can be put to rest. At the CityCenter Careers page (opened today) there are seven pages of employment opportunities at The Harmon from Pastry Chef to Spa Manager.

Listed as operator - The Light Group.

Aaron Auxier · #**5437** Posted **Jan 5, 2009, 5:15 AM**

justdefended - nothing can be put to rest until MGM MIRAGE makes their statement which will hopefully be soon.

mac78130 · #**5438** Posted **Jan 5, 2009, 5:57 AM**

On the citycenter careers page... The Mandarin sky lobby looks pretty impressive.

mac78130 · #**5439** Posted **Jan 5, 2009, 6:02 AM**

Quote:

Originally Posted by justdefended

Well, The Harmon cancellation rumor can be put to rest. At the CityCenter Careers page (opened today) there are seven pages of employment opportunities at The Harmon from Pastry Chef to Spa Manager.

Listed as operator - The Light Group.

Echelon was in the process of hiring and we all know how that ended, so it's still wait and see.

neworleans · #**5440** Posted **Jan 5, 2009, 5:30 PM**

over half of everything you read in the news is false. and you guys all know that already. for the reporter, why go out and do research when you can just sit there and make things up and get paid exactly the same. It's a lack of pride. as long as they get their story, they don't give a crap what impression they leave on vegas. They don't even care if the stories not true.