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Saturday, April 30, 2011
Fact, Fiction and Fantasy
The reality of Trump Tower, Las Vegas' tallest residential building — which Trump described as "very, very successful" — is different from the hype.
Conceived as a high-end hotel-condominium development in Las Vegas' go-go years, the project opened in 2008 amid the economic meltdown. Most investors pulled out and demanded their deposits, leaving Trump and his partners holding the bag.
The casino-free building, wrapped in 24-karat-gold-infused glass, now rests in the boneyard of the Las Vegas Strip, a collection of vacant lots, barren scaffolding and silent cranes left over from abandoned resort projects.
These days, the 645-foot Trump tower might be a metaphor for his nascent campaign: lots of splash, little in the way of substance.
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