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Archive for the ‘las vegas midrise condos’ Category

Manhattan West Project condos put on hold

 

700 condos under construction in Southwest at the 215 and Russell are now on hold.

Funding has reportedly dried up for the $350 million Manhattan West Project. Gemstone Development says its facing increased costs including charges to rework parts of the project that weren’t built correctly. It’s uncertain when new funding can be secured and the sales center remains closed. Keep it tuned to Channel 13 Action News.

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Onyx – Another midrise project goes BK11

Another Las Vegas project close to finishing has filed Chapter 11.
“Creditors have forced the 63-unit Onyx condominium project on Duke Ellington Way into involuntary Chapter 11 bankruptcy.

Onyx ranged from 740 square feet to 2,300 square feet and were priced from the $400,000s to more than $900,000″ and was located close to the strip and mccarren airport.

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