Pretty much a bunch of the people who bought condos at the height of Vegas' real estate boom two or three years ago want their money back.
CityCenter, which opens in November, is co-owned by MGM Mirage and Dubai World, although the project almost went bankrupt four months ago (see CityCenter Bankrupt, Pt 2).
Is it a problem that now they're calling it a "$8.4 billion project" when in March it was an "$11 billion project"?
Anyway, it's good to know that Vegas will soon have 5,000 more hotel rooms.
In happier Sin City news, here's a cool visual development piece of art for the new Las Vegas Plaza being developed by the Israeli El-Ad Group. These 4,100 hotel rooms are scheduled to be finished by 2011:
Odd that there'll be an Israeli project and an Arab project so close to each other.
Only in Vegas ...