Three years later, with the economy spiraling downward and the real estate market cratering, its lender foreclosed on the partially built resort. “About six people in the last two minutes told me a little rain brings good luck,” Eichner said at the time. (Ellen Schmidt/Las Vegas Review-Journal) Las Vegas’ real estate market roaring, New York developer Ian Bruce Eichner held a ceremonial groundbreaking in 2005 for a towering resort on the Strip: The Cosmopolitan.Ī midmorning thunderstorm didn’t stop him from holding the event, either. The Las Vegas Strip property has been open for more than a decade.
The Cosmopolitan of Las Vegas is reflected in the glass of a pedestrian bridge on Wednesday, Jin Las Vegas.
