VegasChatter - Tag: fontainebleau http://www.vegaschatter.com/ So Bright You Can See It From Space en-us Condé Nast Digital 2009 2010-03-20T02:22:52Z VegasChatter VegasChatter VegasChatter http://www.vegaschatter.com/images/vcwhite.jpg http://www.vegaschatter.com/tag/fontainebleau Las Vegas: The Fontainebleau Will Live On, Thanks to Carl Icahn http://www.vegaschatter.com/story/2010/1/20/182644/098 <![CDATA[<p><img src="http://www.vegaschatter.com/files/1425/fbleaudec09.JPG" class="top"><p> Finally some good news for <a href="http://www.vegaschatter.com/tag/fontainebleau"><b>The Fontainebleau</b></a>, the half-finished resort next to Encore that has been struggling to find new financing. It turns out billionaire investor <b>Carl Icahn</b> is the winning bidder for the property, which developer Jeffrey Soffer drove into bankruptcy last year. <p>Yet, don't expect the hotel to open any time soon. <a href="http://online.wsj.com/article/SB10001424052748704320104575015042216146212.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsTop">The WSJ</a> reports: <blockquote><p>Mr. Icahn said in an interview that he hasn't determined whether or not he will slowly gear up to restart construction on the Fontainebleau, or keep it mothballed for some time. People familiar with the project say even that would be costly. They estimate that heating, cooling, security and taxes would run about $1.5 million to $2 million juliana 2010-01-20T18:27:30-05:00 Las Vegas: Las Vegas Firefighters Make Good Use of The Fontaine-Bust http://www.vegaschatter.com/story/2009/10/20/115141/09 <![CDATA[<p><img src="http://www.vegaschatter.com/files/1425/fontainebleau_june2809.jpg" class="top"><p> We hate to be a Debbie Downer but fires happen all the time in Las Vegas on the Strip. Most are small and rarely put anyone in danger. But some are big, like The Monte Carlo's fire in early 2008 and the tragic MGM Grand and Bally's fires in the 1980s. <p>For guests staying in these massive hotels with 1,000+ rooms, knowing your emergency escape route is important. Yet you'll also be glad to hear that the Las Vegas Fire Department is getting some extra training in the skeleton of the unfinished <a href="http://www.vegaschatter.com/tag/fontainebleau"><b>Fontainebleau Hotel</b></a>, just south of Encore.<p><a href="http://www.lasvegassun.com/news/2009/oct/19/fireghters-glad-train-shell-fontainebleau/">The Las Vegas Sun</a> reports that new training drills are being conducted for the entire fire department inside juliana 2009-10-20T11:57:18-05:00 Las Vegas: What's Taking The Fontainebleau So Long? http://www.vegaschatter.com/story/2009/8/19/214859/990

The last time this site checked in with the seemingly doomed Fontainebleau Las Vegas, they were filing for bankruptcy protection, and their CEO got the hell out of dodge, suing their former lenders for not staying the course...instead of staying the course. Even worse, the claim in court became even more clear (or convoluted, depending on how you see it): owner Jeffrey Soffer was suing his own project to essentially try to skirt the creditors' liens on his own project. Well, now we've got a new tip, and it appears it's only going to be worse.]]> EK 2009-08-19T21:48:59-05:00 Las Vegas: The Fontaine-Bust Update: Lawsuit Hearing Could Happen Next Week http://www.vegaschatter.com/story/2009/6/30/202824/602 <![CDATA[<p><img src="http://www.vegaschatter.com/files/1425/fontainebleau_june2809.jpg" class="top"><p> <i>The Fontainbleau, June 28, 2009.</i><p>There&#146;s not much to tell as far as when or if the embattled <a href="http://www.vegaschatter.com/tag/Fontainebleau"><b>Fontainebleau Las Vegas</b></a> will ever open its doors. After all, in the last month or so, corporate employees have been laid off, its CEO flew the coop and it filed for bankruptcy protection. Call it Fontaine-bust instead. <p>Next week could bring some good news for the remaining Fontainebleau folks, however. That&#146;s when they&#146;re hoping to get a court date set for their lawsuit against their former lenders. Seems they (the lenders) nixed hundreds of millions of dollars in financing and, essentially, forced Fontainebleau into bankruptcy which pulled the plug on the resort&#146;s progress. <p>There&#146;s a bunch of legal mumbo Erika Pope 2009-07-01T12:23:10-05:00 Las Vegas: The Fontainebleau Las Vegas Craps Out http://www.vegaschatter.com/story/2009/6/10/184826/897 <![CDATA[<p><p><img src="http://www.vegaschatter.com/files/1425/Fontainebleau.jpg" class="top"><p><i>The Fontainbleau Las Vegas looks a little more finished than this. But not much. For a more recent pic, <a href="http://www.flickr.com/photos/alex-martinez/3450830726/">go here.</a></i><p>After much back and forthing, the <a href="http://www.vegaschatter.com/tag/fontainebleau"><b>Fontainebleau Las Vegas</b></a> has officially crapped out, with its owners filing for bankruptcy yesterday. Aside from depriving Vegas visitors of iMacs in their hotel rooms, the project's collapse will put <i>thousands</i> of people out of work. And it's not even all the way finished yet. According to a news report: <blockquote><p>The company said in a news release that the decision to file Chapter 11 was the direct result of litigation with lenders on the Las Vegas hotel construction project that had to do with contractual disputes related to nearly $800 juliana 2009-06-10T20:07:09-05:00 Search VegasChatter Search VegasChatter string http://www.vegaschatter.com/search/