Jonathan Fine was forced to close his taverns last year, faced eviction threats from landlords, tossed out hundreds of kegs of beer, and reopened multiple locations with the help of a federal relief program.
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After the pandemic turned Las Vegas Boulevard into a ghost town for a while, the fallout from the outbreak has, for the most part, not been kind to the roadway’s real estate market.
An estimated 9.9 percent of the valley’s workforce was unemployed in January. Only one other metro area with a population of at least 1 million has a higher unemployment rate.
The COVID-19 pandemic marks the second time in a decade that Southern Nevada was among the hardest hit by a global economic crisis, though its recovery could be shorter this time.
Apollo Global Management is making a multibillion-dollar wager on America’s casino capital and hoping it’s rolling the dice on the way out of a national crisis, not on the way in.
Southern Nevada homebuilders made more than 11,000 net sales last year, the most since 2007, according to figures from Las Vegas housing tracker Andrew Smith, president of Home Builders Research.
Tourism has fueled the economy for decades. The pandemic has painfully exposed its dangers.
When people have money to burn, Las Vegas heats up. But as seen twice now in the past decade or so, when the national economy gets hit hard, Southern Nevada ends up on life support.
Casinos and others will have to slash the number of customers allowed inside their doors in an already badly battered economy.
Developer Jeff LaPour told the Review-Journal last week that he might restart construction of Narrative.
A Labor Day snapshot of how the pandemic has — and hasn’t — changed the workplace.
Who is buying homes amid the turmoil? People who still have jobs, as well as savings that let them qualify for a mortgage or buy with cash.
The owners of Virgin Hotels Las Vegas are “carefully” looking at its scheduled fall opening after the coronavirus pandemic devastated the economy.
Developers have broken ground on a $400 million mixed-use project in southwest Las Vegas.
A projected 249,700 people in Clark County are at risk of eviction starting next month. “It’s just sort of a bad confluence of events,” Guinn Center executive director Nancy Brune said.
Las Vegas’ mortgage delinquency rate rose again in May after the coronavirus pandemic shut down much of the economy, a new report shows.
A $20 million grant program will provide up to $10,000 to eligible commercial-property tenants.
Las Vegas-based Allegiant Travel Co., which booked 17 straight profitable years before the pandemic hit, on Wednesday said that it lost $93.1 million in the second quarter and plans to furlough up to 275 pilots.
Nevada casino regulators have opened more than 150 cases over noncompliance with health and safety policies and, among that tally, filed three formal complaints, officials said Tuesday.
Southern Nevada homebuilders signed nearly 1,230 sales contracts in June, the most since February.
Target is launching same-day grocery pickup in Southern Nevada and other areas of the country amid mounting coronavirus infections.