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Las Vegas Real Estate Blog

Your Las Vegas real estate information source. The latest news, new construction, scandals, additions to the strip and other Las Vegas and related information.

Wednesday, April 06, 2005

Not all high rise condos are meant to be

I'm surprised that this hasn't happened sooner. A Las Vegas high rise condo hotel, Krystle Sands, has been canceled. The property was bought by the neighboring Turnberry Place, located just behind the Las Vegas strip, for an undisclosed amount. Krystle Sands was nearly sold out at the time, and at this point there is no word on what they intend to do regarding commissions owed to the realtors who sold their properties. It wouldn't surprise me to see lawsuits being filed soon. Of course, the void that Krystle Sands left is already being filled. New high rise luxury condos have been announced. Seems the only constant in Las Vegas is change.

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