Fontainebleau bankruptcy

Fontainebleau bankruptcy

The Fontainebleau, soaring 60-plus stories above Las Vegas Boulevard, was supposed to open in 2009. Instead it went bankrupt that year. The roughly $3 billion resort was about 70 complete around the time of the bankruptcy. In 2010, billionaire Carl Icahn bought the mothballed tower for just $150 million. Developer Steve Witkoff bought it in 2017 for $600 million, renamed it the Drew Las Vegas and plans to open it in 2022.


User: Review Journal

Views: 1

Uploaded: 2019-06-07

Duration: 00:45

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