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Manhattan West Project condos put on Hold due to Financing

December
29th
member
Admin

According to Channel 13 Action News

700 condos under construction in Southwest at the 215 and Russell are now on hold.   Funding has reportedly dried up for the $350 million Manhattan West Project.  Gemstone Development says its facing increased costs including charges to rework parts of the project that weren’t built correctly. It’s uncertain when new funding can be secured and the sales center remains closed.   Keep it tuned to Channel 13 Action News.


date Posted on: Monday, December 29, 2008 at 8:33 am
Category Las Vegas Real Estate, gemstone lawsuit manhattan condos developer litagation .
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