Trump Hotel lobby vs. Palms Place lobby (Includes Photos and latest MLS resale listing inventory)
Posted by Luxury Realty Group - March 26th, 2008
Two new Las Vegas high-rise condominium projects have opened, Trump Las Vegas (sophisticated luxury) and Palms Place (edgy cool). These are not residential condo developments such as The Harmon Hotel, Spa & Residences, Veer Towers, Turnberry Place, Sky Las Vegas, or Mandarin Oriental. These are full blown condotel properties, a product which has suffered due to the challenged mortgage industry. Regardless, the projects (combined) add roughly $2 billion worth of new luxury hotels to the city. Inside we compare their lobbies and see some resale inventory off of the MLS.Cosmopolitan Resort about to become the W Hotel?! Exciting Las Vegas Strip takeover possible?
Posted by Luxury Realty Group - March 24th, 2008
According to the Wall Street Journal, Related Cos. has partnered with Starwood Hotels & Resorts Worldwide’s W Hotel group to bid on the Cosmopolitan Resort Casino on the Las Vegas Strip. This could become the ultimate achievement.The Plaza Hotel Las Vegas gets final approval from County Commission (new land pics inside)
Posted by Luxury Realty Group - March 20th, 2008
The implosion of the Frontier Hotel was a celebrated event for the Las Vegas Strip. And now, things just got that much better. On March 19th, 2008, The Plaza Hotel Las Vegas received final approval from the County Commission. The approval gives ELAD Properties the green light for what is being billed as the most luxurious hotel and luxury condominium development in Las Vegas Strip history.Bear Stearns collapses - US economy challenged - Things to consider when it comes to Las Vegas real estate
Posted by Luxury Realty Group - March 17th, 2008
Last week and this weekend provided more doom and gloom for the current US economy and Las Vegas. While most people are no longer surprised by bad news, all of this was still fairly hard to swallow. It’s interesting to watch how much the real estate market here has changed.*FEB 2008 UPDATE* MGM MIRAGE CityCenter Penthouse Inventory
Posted by Luxury Realty Group - February 25th, 2008
While some good location penthouse inventory remains, many of the prime location penthouses at MGM MIRAGE CityCenter have sold or have been taken off the market for Dubai World clients. With the Dubai sales office opening in Spring 2008, there is a U.S. focus on remaining penthouse product in Veer Towers, Mandarin Oriental, and The Harmon.Luxury Realty Group and Celebrity high-rise agent Aaron Auxier set three new Las Vegas pricing records.
Posted by Luxury Realty Group - February 21st, 2008
Luxury Realty Group, a boutique brokerage which specializes in luxury properties, has set the top three residential (home/condo) records for price-per-square-foot sales in Las Vegas history.What’s more expensive? Land on the Las Vegas Strip or land above the Hollywood Sign in Los Angeles?
Posted by Luxury Realty Group - February 18th, 2008
A Los Angeles brokerage has listed for sale 138 acres of land above the Hollywood sign. The land, formerly owned by Howard Hughes, has an asking price of approximately $22 million, and could be split into five separate parcels for five custom homes or used for one massive compound. The price shows just how rare land in a prime location on the Las Vegas Strip has become.Besides The Harmon Residences, where else in Las Vegas can you get a rounded penthouse? Panorama Towers.
Posted by Luxury Realty Group - February 16th, 2008
MGM MIRAGE’s The Harmon Hotel, Spa & Residences is a unique project with only 207 units and Las Vegas’ first MR CHOW restaurant. Managed by Andrew Sasson’s The Light Group, The Harmon appeals to Hollywood’s elite. But what other project was Mr. Sasson involved in that offered a penthouse with rounded glass and views of the Las Vegas Strip? Panorama Towers.