Saturday, February 25, 2006

Cancelled Projects Decrease Inventory and Increase Demand

Well, we have Related cancelling Union Park and Icon, Ivana + Liberty Towers falling out, The Hard Rock seemingly cancelling and the W Residences possible lawsuit causing issues suddenly we don't have the inventory we thought...

MGM Residences, Trump, Sky, Panoramic, Cosmo, Metropolis, Manhattan LV and Turnberry Place and Towers should be in demand.

There are many projects on deck such as Vegas888, Sandhurst, Renaissance, Standhi, Palms, Las Ramblas but none have stepped into the batters box - YET.

We will see how this all shakes out in the coming months.


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