This book takes architects and designers on a worldwide journey to discover the most stylish and appealing spots, from an urban getaway in Europe to a resort on a South Pacific island, providing a serene ...
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The massive CityCenter complex in Las Vegas could wind up in bankruptcy court as early as this weekend, a variety of news organizations are reporting. The Wall Street Journal said that MGM Mirage, the $9 billion project's co-developer, has hired law firm specializing in bankruptcy filings, and that the project could file Chapter 11 bankruptcy within days. Both the Journal and the Las Vegas Review-Journal said that filing was likely to stem for the fact that the partners in the project were unlikely to make a $220 million debt payment that's due on the property today.
This latest chapter in the CityCenter saga comes days after MGM was sued by Dubai World, its partner in the project, alleging breach of contract and mismanagement that lead to cost overruns. Plans for the 76-acre complex, whose first phase is slated to open late this year, include the construction of six high-rise towers that will house hotels, casinos, restaurants and a retail complex.
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