The Madison Square Garden Co. planned to complete the Las Vegas entertainment venue at The Venetian in 2021.
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With Las Vegas largely at a standstill over fears of the new coronavirus, the real estate market is bound to take a hit. But for now, construction is still chugging along.
After booking a huge windfall shielding himself from stock market chaos, hedge fund operator Bill Ackman is upping his stake in Summerlin developer Howard Hughes Corp. by half a billion dollars.
Nevada is one of several states that have allowed construction to continue during the coronavirus pandemic.
The area where the worker had been assigned, and the surrounding vicinity, has been “shut down and is being sanitized immediately” and will remain closed until April 1.
House-flipping companies that ventured to Las Vegas and other cities the past few years have shelved buying homes because of the new coronavirus.
All told, hundreds of thousands of Nevadans work in industries now rocked by sweeping closures – and that doesn’t account for all the people in other sectors that feed off them.
With fears of the coronavirus upending daily life in Las Vegas and across the U.S., the homebuilding market, like other industries, faces a scary stretch ahead.
Las Vegas’ housing market faces risky terrain and sales could tumble as Southern Nevada shuts down to contain the new coronavirus, real estate pros say.
U.S. homebuyer interest has dropped sharply in the past week as the new coronavirus upends daily life with sweeping business closures and other shutdowns.