By now, a forest of high-rise condominiums was supposed to be crowding the skyline of the Las Vegas Strip, inhabited by celebrities, millionaires and those who wanted to bask in their reflected glory. Wealthy people the world over would find Las Vegas Boulevard an enviable second-home address akin to Park Avenue or South Beach, and major corporations would view owning a condo there as an amenity much like a skybox at a sports arena. It hasn’t quite worked out. Each of those projects was canceled before even a shovelful of dirt was displaced. The St. Regis Residences, wedged between the Venetian and Palazzo resorts, stands as a truncated shell, construction having been unceremoniously halted in November by the financially troubled developer Las Vegas Sands.
By Steve Friess, Mar 6, 2009, NYT

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