![]() He added that the company wants to "unlock" the property's growth potential, though he didn't say exactly what will be the fate of the nearly completed tower on the north end of the Las Vegas Strip. ![]() "(The property) is one of the best physical assets in the country, which is one of the reasons we were attracted to it," Witkoff's chairman and CEO Steve Witkoff said in a statement. LAS VEGAS (AP) - A long-mothballed, unfinished casino-hotel on the Las Vegas Strip sold for $600 million on Tuesday, eight years after construction halted on the 63-story tower amid the recession.Ī partnership led by New York-based real estate company Witkoff bought the Fontainebleau Las Vegas, a hulking bluish tower that was 70 percent finished when construction stopped and has since served as a training site for firefighters. ![]()
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