Posted on 03/01/2024 12:45:30 PM PST by NohSpinZone
It took almost 20 torturous years to build the Fontainebleau Las Vegas and, when it finally opened, four executives left in the first month. In a town built on luck, those aren’t good odds.
There are few Vegas projects as snakebitten as the Fontainebleau. What was supposed to be a towering spinoff of the Miami icon has turned into a nightmare for just about every owner who’s taken it on. Not even its grand opening on Dec. 13 could stop the barrage of bad press, from execs bailing to a viral $21 plate of six sad nacho chips.
With this in mind, I booked a one-night stay at the Fontainebleau in late January. When the hotel opened, the rack rate started at around $300 a night; mine was $192 before taxes and fees, suggesting demand was indeed softening. Upon check-in, I was upgraded to a room near the top floor, yet another sign that the Fontainebleau wasn’t exactly bustling.
*SNIP*
For over a decade, the Fontainebleau sat watching over the Strip. The bottom began to rust, and firefighters used its empty floors to run drills. It switched hands again in 2017, but construction never restarted — and then a global pandemic hit. Seeing an opportunity, Jeffrey Soffer reentered the scene, this time funded by Koch Real Estate Investments, and bought back the Fontainebleau. After a 12-year pause, construction started up again.
Although the building was about 70% done, its early-aughts aesthetic was now dramatically outdated. Everything had to go. Finished rooms were gutted, and $3.7 billion went into completing the project — second only to Resorts World in Las Vegas Strip history. After 19 years of stop-and-start construction, the Fontainebleau opened in December.
(Excerpt) Read more at sfgate.com ...
ROTFLMAO! It is a deep blue state. If he is supporting Hogan in order to take back the Senate all the better.
Hogan is our only chance in Maryland. Trump is laying low on this. Time for you to move on.
Argue with all the Freepers on that thread—knock yourself out...
Lol.
thought the trop was closing
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