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Trump
Announces Luxury
Las Vegas High Rise
NEW HAVEN, CT
- Donald Trump, real estate and casino developer, has announced
a partnership with New Frontier hotel-casino owner, Phil Ruffin,
to build a 60-story, 300-unit upscale condominium tower - Trump
Tower Las Vegas - less than a mile from the Las Vegas Strip.
Other like developments
such as the $60-million Turnberry Place developed by Jeffrey Soffer,
and the $120-million Park Towers, developed by casino mogul Steve
Wynn, appeal to upscale lifestyles by offering spectacular views,
round-the-clock concierge service, private elevator lobbies and
balconies, room and limousine service and more.
But the luxury-living
developments come at a price. Condominiums at Turnberry and Park
Towers range from $500,000 to $5 million-plus.
"Its
a very small piece of the pie," Park Tower sales director,
Cindy DellaValle says of the potential buyer market. "Its
not about price per square foot. Its all
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