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Chunk of Las Vegas Strip sold for $172M

A New York investment firm announced Friday it bought 9.5 acres of real estate along Las Vegas Boulevard for $172 million, or about $18 million an acre.

 
Plenty of work remains on Drew Las Vegas

The former Fontainebleau — the blue-tinted tower that has blighted the Strip for a decade — is slated to open as the Drew in the second quarter of 2022.

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