Clark County tax bills going down

A retired homeowner received a pleasant surprise amid the dispiriting real estate slump: an $800 dip in his property tax bill.

The windfall was a significant boost to Robert Petty’s fixed income.

“It tickled the hell out of me,” said Petty, 81. “I’m on a pension. It’s hard to make ends meet.”

Petty is among the overwhelming number of Clark County property owners who received lower tax bills this year because a record number of property values have dropped in the recession.

The trend is double-edged, giving owners extra cash in the tough economy but exacerbating local governments’ budget problems.

Property tax revenue fell by about $470 million this year, with the pain spread across 80 taxing districts, including the county, three cities and library districts. Some local entities dealt with their budget holes by laying off workers, freezing job vacancies and trimming services.

Most homeowners who were interviewed say they haven’t felt the cutbacks in public services yet.

Government officials say they were able to minimize the impact to services, but the cuts could go deeper next year if property values continue to slide and the state raids local coffers to ease its own strained budget, the way it did in 2009.

An estimated 665,000 of the area’s 731,000 parcels, about 91 percent, lost enough of their value to yield smaller tax bills to the owners, according to the county treasurer.

Petty said it was unsettling to watch the value of his half-acre property plunge to $280,000 from $500,000, but he didn’t plan to sell it anyway.

He put his money into the bank to use later when he really needs it, he said, adding that growing up in the Great Depression taught him how to be frugal.

“I’m used to saving money,” Petty said. “I don’t spend money I don’t have.”

SOME CUTS GO UNNOTICED

Petty was hanging out with friends who were shooting pool at the Cora Coleman Senior Center off Lake Mead Boulevard.

One of the players, Don Lindsay, 56, took time between shots to talk about his tax break coming at the cost of his home losing 37 percent of its value.

“Almost $700 for the year,” Lindsay said of his savings. “It’s good. It’s only fair.”

He figures his house is now close to what it was worth when he bought it 6½ years ago. He said he is glad to get the tax reduction and so far hasn’t noticed government services being trimmed.

Petty said the county’s tightening budget hasn’t affected the senior center or other services he cares about.

The county lost almost $60 million in property taxes from its general operating fund, compounding a dip in sales tax and other revenue.

County officials have described taking a surgical approach to laying off 300 of its almost 11,000 full-time employees. The county also has left 1,200 jobs unfilled.

Most of the workers were laid off in departments tied to growth such as development services and comprehensive planning.

Some jobs were eliminated in social services, property management, public works and transportation.

Crews now pave fewer streets, do less maintenance on flood channels and replace fewer streetlights with more energy-efficient ones, said Erik Pappa, county spokesman.

Funds to prevent homelessness have diminished, forcing the county to reduce the financial aid it can offer the area’s poorest residents for housing, Pappa said.

Parks and recreation lost three supervisory jobs this year. Last year it began closing recreation centers an hour earlier and shutting down swimming pools two or three more days per week, said Steve Corry, the department’s assistant director.

Staff tries to close one pool while a nearby one is open to give patrons an alternative, Corry said. “We try to coordinate.”

The city of Las Vegas thinned its staff much more severely relative to its 3,000-person work force. It slashed 179 jobs overall to balance its books, including 50 in leisure services, 30 in public works and almost 20 in municipal courts.

It also eliminated jobs in finance, corrections, maintenance, building inspection, information technology and neighborhood services.

At Myron Leavitt Park in Las Vegas, a few local residents complained that the city has neglected maintenance at the dog park.

Nancy Sutter pointed to dog urine at the foot of a bench and said it had been there for months.

She and two other residents who were walking their dogs questioned why the city doesn’t install a canopy for shade.

“By 8 (a.m.), you’re baked,” Joanie Mares said.

“We have to come out at 5:30 in the morning,” Sutter said. “It’s horrible.”

Also, a curb where no parking is allowed is supposed to be clearly marked in red, but the paint has faded and unwitting park-goers are ticketed, Sutter said.

Every once, in a while a maintenance worker shows up, jots down the complaints and fixes a couple of glitches, though never the main ones, Sutter said.

Joel Classen, a 30-year resident, said he blamed the parks department’s leadership for the lapses in maintenance rather than the city’s tighter budget.

“It has nothing to do with the money,” Classen said. “It’s the people who are in charge.”

Sutter estimates she will save about $400 this year in property taxes.

She’ll probably toss the extra money at credit cards she tapped after her devaluing house prompted the bank to freeze a home-equity credit line she was using to pay for remodeling.

The tax savings are a meager consolation for her house depreciating to $125,000 from the $250,000 value it reached during the boom, she said. “I’d rather have a higher bill and more value in my house.”

OTHER CITIES, LIBRARIES COPE

North Las Vegas, Henderson and the Las Vegas-Clark County Library District also are grappling with waning tax revenues.

North Las Vegas laid off 188 employees, almost 10 percent of its 2,000-person work force, including in parks and recreation and public works. The city also slashed jobs through attrition.

The cutbacks could show up in little ways, such as streets being cleaned every three weeks instead of two weeks, and hours shortened at libraries and parks, said Alfonso Noyola, the city’s acting finance director.

Music festivals have been canceled as the city looks closely at events and amenities it can live without, Noyola said, noting that the city expects a $40 million decline in revenue next budget year.

“We’re watching that closely and putting together plans,” Noyola said. “Your expenses are climbing higher than your revenue coming in.”

Henderson had to offset an almost 20 percent dip in property tax revenue but avoided actual layoffs.

Instead, it eliminated about 200 vacant jobs, and partly by offering buyout packages to employees, said Kathy Blaha, city spokeswoman.

Union employees won’t receive cost-of-living raises for two years, and the city has been in a hiring freeze since 2008, Blaha said.

Some recreation centers close earlier, and none serve coffee anymore, she said. Since last year, North Las Vegas City Hall has been closed on Fridays.

A five-year contingency plan has been crafted to help the city deal with any future drop in revenue, Blaha said. “We’re just looking at it on a monthly basis and hoping for the best.”

The Las Vegas-Clark County Library District had to trim staffing and hours to offset a $5.5 million shortfall.

Libraries in urban areas now open an hour later and close two hours earlier. And with a leaner budget for buying materials, patrons will find it harder to find popular books on shelves and will have a longer wait when ordering copies, said Pat Marvel, library spokeswoman.

Shorter hours and less money mean fewer events in the evening, such as book readings by authors, Marvel said. Groups that meet in the library must finish by the 7 p.m. closing time or pay $10 an hour for a security guard to stay.

Rose Bell, 71, who left the Summerlin Library last week with a book tucked in her arms, said the shortened hours don’t bother her because she’s retired and has a flexible schedule.

However, she has noticed the thinning stock of books. Sometimes she must wait weeks for a book she has ordered, and sometimes, a book she wants is unavailable because none of the local libraries bought it, she said.

Bell said she and her husband got a break on their property taxes, but she would be glad to pay more taxes to support schools and services such as the library.

“I think older people like us should be willing to help our children,” Bell said. “I’m sorry to see what happened with property values, but our property values were over-inflated to begin with.”

LEGISLATIVE MONEY GRAB FEARED

As if plowing through this bleak financial period weren’t enough, local governments face the prospect of the state Legislature dipping into their funds to fill a shortfall that could reach $3 billion.

In 2009, the state pulled revenue strictly from Clark and Washoe counties. Legislative actions, which included fee increases, a revenue grab and state funding cuts, will cost Clark County $180 million over the biennium. Next year, other sizable local governments in the state could be targeted.

Clark County joined other counties in putting an advisory question on the November ballot asking voters whether the state should get local governments’ permission before raiding their coffers. Local cities passed resolutions supporting the sentiment.

“It’s definitely on our minds,” said Blaha, the Henderson spokeswoman.

No one knows how much the state might take or which funds it would go after, she said. Scooping money from the city’s depleted coffers might not result in a recreation center closing, but residents would notice some impact.

“We’ve been constantly cutting our budget for two years,” Blaha said. “At some point you’ve got to cut your staff.”

There’s also talk that, aside from taking money, the state might turn over some of its programs to local governments, increasing their financial burdens, said Shari Buck, North Las Vegas mayor.

“That will be difficult to impossible when we’re going to cut $40 million out of next year’s budget,” Buck said, adding that it could lead to hundreds of layoffs.

State-funded social, medical and education programs are among the services that could be pushed onto local governments’ shoulders, county officials say.

Las Vegas Mayor Oscar Goodman and other city leaders have expressed concerns that the city will lose money to the state in dire economic times.

Sabra Smith Newby, a Clark County lobbyist, said every effort will be made to help the state with its budget crisis, within reason.

“We’ve always tried to work with the Legislature,” she said. “But if you don’t have it (money), you don’t have it. You can’t squeeze blood from a turnip.”

Contact reporter Scott Wyland at swyland@review journal.com or 702-455-4519.

ad-high_impact_4
News
Hundreds Attend Slides, Rides and Rock and Roll in North Las Vegas
Hundreds attended the inaugural slides, rides and rock and roll event in North Las Vegas Saturday. The event featured a car show, water slide park and live music. (Madelyn Reese/ Las Vegas Review-Journal)
It's All Rainbows At The Center's New Cafe
The Gay and Lesbian Center of Southern Nevada (The Center) introduced its new coffeeshop, Little Rainbow Cafe, in June. Rainbows are everywhere, even in the lattes and toast, and employees wear t-shirts with the quote "Be a rainbow in someone's cloud." Owner Ben Sabouri said the concept is "built around the idea of, you know, be kind and treat everybody the same." (Madelyn Reese/Las Vegas Review-Journal)
Get a Rainbow Latte at the The Center's Little Rainbow Cafe
The Center, a community center for the LGBTQ community of Southern Nevada, has a new cafe. Little Rainbow Cafe serves up a pride-inspired signature "Rainbow Latte." (Madelyn Reese/Las Vegas Review-Journal)
Pedestrian killed trying to cross Sahara
A pedestrian was killed Friday trying to cross Sahara Avenue near Maryland Parkway about 5 a.m. A sedan struck the pedestrian while the person was outside the crosswalk between Maryland Parkway and Pardee Place, according to Las Vegas police. Police also said the driver of the sedan remained at the site of the crash. The pedestrian was pronounced dead at the scene. This is the 75th fatal crash that Las Vegas police have investigated in 2018.
Man shot multiple times
Las Vegas police are investigating after a man was shot multiple times early Friday morning. The shooting was called in about 3:20 a.m. at the Harbor Island Apartments, 370 E. Harmon Ave., near Koval Lane. The man was hospitalized and is expected to survive, but police are still searching for the shooter.
Former Military Police Corps Officer Celebrates 100th Birthday
Summerlin resident Gene Stephens, who served as a military policeman in WWII and escorted then-Gen. Dwight Eisenhower and President Roosevelt during the war, turned 100 on July 13, 2018. He credits his longevity to living a normal life, exercising regularly and eating three square meals a day. (Madelyn Reese/Las Vegas Review-Journal)
Motorcyclist suffers serious injuries
A motorcycle rider was seriously injured Tuesday night after a crash on Charleston Boulevard. The crash was reported just before 10 p.m. near Durango Drive, according to Las Vegas police. The motorcyclist was hospitalized with unknown injuries but is expected to survive. Las Vegas police are investigating the cause of the accident.
CCSD Superintendent Jesus Jara Has Lunch With Students
New Clark County School District superintendent Jesus Jara continued his listening tour by having lunch with students at Red Rock Elementary School as part of the district's summer lunch program. In conjunction with the U.S. Department of Agriculture, children under the age of 18 can find a free lunch at 104 different locations across the valley through the summer months. Jara highlighted the free program and the importance of eating healthy during his visit. (Madelyn Reese/ Las Vegas Review-Journal)
Timeline Leading Up to Scott Dozier's Execution
Scott Dozier is set to be executed by lethal injection the night of July 11 at Ely State Prison. Dozier was convicted of the April 2002 killing of 22-year-old Jeremiah Miller and was given the death penalty in Oct. 2007. In 2016 Dozier asked in a letter to District Judge Jennifer Togliatti requesting that he “be put to death.” A three-drug cocktail of midazolam, a sedative; the painkiller fentanyl; and cisatracurium, a paralytic, is expected to end his life. (Madelyn Reese/Las Vegas Review-Journal)
New Program Helps Mothers Battling Addiction
Jennifer Stanert has battled drug addiction on and off for the last 21 years. It caused her to lose custody of one of her children, Alec, after she gave birth while high. A new program at Dignity Health St. Rose Dominican Hospitals aims to connect mothers like Stanert with community resources and provide case management services while still pregnant to get connected to lactation and parenting classes, group peer support and education on neonatal abstinence syndrome. (Madelyn Reese/ Las Vegas Review-Journal)
Felon caught with guns in Mandalay Bay room 3 years before Las Vegas shooting
A felon was caught with guns in a Mandalay Bay hotel room three years before the October 1st mass shooting. Six weapons were found inside Kye Aaron Dunbar’s 24th floor room in November 2014. Four were semi-automatic. One was a scoped rifle pointing toward the Strip, according to court documents. Dunbar was sentenced to 40 months in federal prison for unlawful possession. The case just came to light in a lawsuit accusing Mandalay Bay of negligence in connection with the Oct. 1st shooting.
Illegal fireworks in the Las Vegas area garner complaints
Clark County received nearly 25,000 complaints over the Independence Day holiday on a new illegal fireworks site. Reports from the site led to at least 10 illegal fireworks busts across the valley overnight. As of Thursday morning, the county is still compiling the total number of citations issued.
House fire displaces 2 people
Two people were displaced after a house fire early Thursday morning. The fire, at 963 Temple Drive in east Las Vegas, was reported just after midnight, according to a battalion chief from the Clark County Fire Department. Crews from the North Las Vegas and Las Vegas fire departments also were called in to help. The cause of the fire is still under investigation.
"Red White and Boom" July 4 Fireworks at the Stratosphere
Full video of the Fourth of July "Red White and Boom" fireworks show at the Stratosphere as seen from the 8th floor Elation Pool. (Madelyn Reese/ Las Vegas Review-Journal)
July 4th fireworks at the Eureka Casino Resort in Mesquite
July 4th fireworks at the Eureka Casino Resort in Mesquite. (7-04-18) (Bizuayehu Tesfaye/Las Vegas Review-Journal)
Las Vegas Crowds Enjoy Fireworks at the Stratosphere
Revelers enjoyed watching fireworks displays from the Stratosphere's 8th floor Elation pool on July 4. (Madelyn Reese/Las Vegas Review-Journal)
Pedestrian killed in Henderson
A pedestrian trying to cross St. Rose Parkway at Bermuda was hit by a vehicle on Tuesday night and later died. The crash was reported around 11:30 p.m. Las Vegas police responded initially, but handed over the investigation to Henderson police once it was determined the accident happened in their jurisdiction. Las Vegas police did respond to a report of a pedestrian being hit by a vehicle on the Strip. The person, who was hit by a BMW near Fashion Show mall, suffered serious but not life-threatening injuries.
USPS owes $3.5 million for using Vegas Statue of Liberty on stamp
The United States Postal Service has been ordered to pay $3.5 million to a sculptor after using the Las Vegas replica of the Statue of Liberty in a stamp. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
What to expect at Station Casinos' Fourth of July celebration
Station Casinos' is hosting its annual 4th of July celebration with Fireworks by Grucci. Fireworks scheduled to go off on Wednesday, July 4 around 9 p.m. at Green Valley Ranch Resort, Red Rock Resort, Fiesta Rancho and Texas Station. (Marcus Villagran/Las Vegas Review-Journal) @brokejournalist
Officer Brent Horlacher shoots at Jessie Murillo
Las Vegas police video of an officer-involved shooting on June 29, 2018. Officer Brent Horlacher, 28, fired a single shot at suspect Jessie Murillo. Murillo was not injured. The radio audio is of the officer who fired the gun and the body camera video is from a different officer. Radio audio excerpts are added to the video and are not the precise times the audio was spoken.
Pawn Stars' Richard Harrison honored at memorial service
A memorial service was conducted for Richard "Old Man" Harrison at Palm Mortuary in Las Vegas on Sunday, July 1, 2018. (Marcus Villagran/Review-Journal) @brokejournalist
UNLV professor cautions dangers of distracted walking
An alarming number of adults do not cross the street safely according to a study conducted by professor Tim Bungum of the School of Community Health Sciences at the UNLV. (Marcus Villagran/Las Vegas-Review Journal) @brokejournalist
Car left in remote desert 21 years is recovered for late owner's children
Showboat casino blackjack dealer Mark Blackburn died outside of White Hills, Ariz. 21 years ago. His 1980 Datsun B310 wagon remained in the remote desert until a network of volunteers recovered the car for his children. (K.M. Cannon/Las Vegas Review-Journal)
Resort on Mount Charleston Sold for $4.8 million
North Carolina couple and hoteliers Deanna and Colin Crossman have purchased the Resort on Mount Charleston for $4.8 million. (Madelyn Reese/Las Vegas Review-Journal)
Traffic stop turns into officer-involved shooting
Las Vegas police are investigating after an officer fired a shot at a suspect fleeing a traffic stop early Friday morning. The officer tried to pull over a black Dodge Durango with license plates that belonged to a different vehicle. The driver took off northbound on Lamb Boulevard and at one point crossed into the southbound lanes. A man got out of the car and fled on foot. During the chase, the officer saw something in the man’s hand and fired a single shot, police said. The man wasn’t injured and was later taken into custody. Police could not confirm if the man had a weapon when he was arrested. This is the 9th officer involved shooting of 2018. Per police policy, the identity of the officer will be released after 48 hours. 01:05
5 Dead in Shooting at Capital Gazette Newspaper in Maryland
5 Dead in Shooting at Capital Gazette Newspaper in Maryland Five people have been killed and two have been injured in a "targeted attack" at the newspaper, which is owned by the Baltimore Sun. Anne Arundel County deputy police chief Bill Krampf said the suspected gunman entered the building with a shotgun and walked through the lower level of the building, where the newspaper is housed. According to Krampf, the suspect "possibly" had a connection to the paper through social media. The suspect was identified as Jarrod Warren Ramos. Ramos filed a defamation claim in 2012 against the paper but the case was dismissed. He is currently in custody. President Trump was briefed on the events.
Clark County Fire inspects fireworks booths
Clark County Fire Prevention Inspector Amanda Wildermuth talks about inspecting fireworks booths to keep everyone safe on Fourth of July. (K.M. Cannon/Las Vegas Review-Journal)
Robbery suspects apprehended
Four robbery suspects were taken into custody Thursday morning after a vehicle and foot chase that ended in an east Las Vegas neighborhood. The incident began when a person was robbed at gunpoint around 4:45 a.m. near Maryland Parkway and Desert Inn. Officers arriving at the scene tried to stop two vehicles. One vehicle escaped but police chased the second into a neighborhood on Flamingo Road near Mountain Vista Street. Police surrounded the neighborhood and the suspects were apprehended. It looked like one police vehicle was involved in a collision with the suspects' car. One woman suffered an unknown injury and was taken to the hospital in an ambulance. 01:04
Las Vegas Monsoon and Flood Season Are Approaching
The Clark County Flood Control District held a press conference to remind the public that monsoon season begins in July and runs through September. The exceptionally rainy season brings with it dangerous flooding events that can put the public in danger. (Madelyn Reese/Las Vegas Review-Journal)
Garage catches fire in central valley
No one was injured after a detached garage caught fire early Wednesday morning on Lawry Avenue near Lake Mead Boulevard and MLK. Crews from the Las Vegas Fire Department responded to a fire call just after 2 a.m. When they arrived, firefighters had to cut holes in the roof to clear out smoke inside the garage so firefighters could enter safely, The cause of the fire is still under investigation. No injuries were reported.
Business
Technology reshapes the pawn shop industry
Devin Battersby attaches a black-colored device to the back of her iPhone and snaps several of the inside and outside of a Louis Vuitton wallet. The device, installed with artificial intelligence capabilities, analyzes the images using a patented microscopic technology. Within a few minutes, Battersby receives an answer on her app. The designer item is authentic.
Recreational marijuana has been legal in Nevada for one year
Exhale Nevada CEO Pete Findley talks about the one year anniversary of the legalization of recreational marijuana in Nevada. (K.M. Cannon/Las Vegas Review-Journal)
Young adults aren't saving for retirement
Financial advisors talk about saving trends among young adults. (Bailey Schulz/Las Vegas Review-Journal)
President Trump’s tariffs could raise costs for real estate developers, analysts say
President Donald Trump made his fortune in real estate, but by slapping tariffs on imports from close allies, developers in Las Vegas and other cities could get hit hard.
Las Vegas business and tariffs
Barry Yost, co-owner of Precision Tube Laser, LLC, places a metal pipe into the TruLaser Tube 5000 laser cutting machine on Wednesday, June 20, 2018, in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Nevada Film Office Connects Businesses To Producers
The director of the Nevada Film Office discusses its revamped locations database and how it will affect local businesses. (Bailey Schulz/Las Vegas Review-Journal)
Opendoor isn't the typical house flipping company
Unlike most house flippers, the company aims to make money from transaction costs rather than from selling homes for more than their purchase price.
The Venetian gondoliers sing Italian songs
Gondolier Marciano sings a the classic Italian song "Volare" as he leads guests through the canals of The Venetian in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal)
Building In Logandale
Texas homebuilder D.R. Horton bought 43 lots in rural Logandale. (Eli Segall/Las Vegas Review-Journal)
Indoor farming in Southern Nevada
Experts discuss Nevada's indoor farming industry. (Bailey Schulz/Las Vegas Review-Journal)
Former Fontainebleau could have become a Waldorf Astoria
Months after developer Steve Witkoff bought the Fontainebleau last summer, he unveiled plans to turn the mothballed hotel into a Marriott-managed resort called The Drew. But if Richard “Boz” Bosworth’s plans didn’t fall through, the north Las Vegas Strip tower could have become a Waldorf Astoria with several floors of timeshare units. (Eli Segall/Las Vegas Review-Journal)
LVCVA CEO Rossi Ralenkotter announces plans to retire
Rossi Ralenkotter, CEO of the LVCVA, on Tuesday confirmed a Las Vegas Review-Journal report that he is preparing to retire. Richard N. Velotta/ Las Vegas Review-Journal
Cousins Maine Lobster to open inside 2 Las Vegas Smith’s stores
Cousins Maine Lobster food truck company will open inside Las Vegas’ two newest Smith’s at Skye Canyon Park Drive and U.S. Highway 95, and at Warm Springs Road and Durango Drive. Cousins currently sells outside some Las Vegas Smith’s stores and at Fremont Street and Las Vegas Boulevard. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas home prices to continue to rise, expert says
Lawrence Yun, chief economist at the National Association of Realtors, gives homebuyers a pulse on the Las Vegas housing market. (Eli Segall/Las Vegas Review-Journal)
NV Energy announces clean energy investment
The company is planning to add six solar projects in Nevada, along with the state's first major battery energy storage capacity. Bailey Schulz/Las Vegas Review-Journal
3 Mario Batali restaurants on Las Vegas Strip to close
Days after new sexual misconduct allegations were made against celebrity chef Mario Batali, his company announced Friday that it will close its three Las Vegas restaurants July 27. Employees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria, all located in The Venetian and Palazzo resorts, were informed of the decision Friday morning. Bastianich is scheduled to visit the restaurants Friday to speak to employees about the next two months of operation as well as how the company plans to help them transition to new positions.
Nevada has its first cybersecurity apprenticeship program
The Learning Center education company in Las Vegas has launched the first apprenticeship program for cybersecurity in Nevada. It was approved by the State Apprenticeship Council on May 15. (K.M. Cannon/Las Vegas Review-Journal)
Las Vegas union members voting to authorize the right to strike
Thousands of Las Vegas union members voting Tuesday morning to authorize the right to strike. A “yes” vote would give the union negotiating committee the power to call a strike anytime after June 1 at the resorts that fail to reach an agreement. (Todd Prince/Las Vegas Review-Journal)
Small businesses struggle to find qualified candidates
A 2018 survey found that over two-thirds of small businesses in Nevada find it somewhat to very difficult to recruit qualified candidates. Bailey Schulz/Las Vegas Review-Journal
Nevada secretary of state website offers little protection against fraudulent business filings
Property developer Andy Pham tells how control of his business was easily seized by another person using the secretary of state website.
Caesars may be going solo in its marijuana policy
Several Southern Nevada casino companies aren’t following Caesars Entertainment’s lead on marijuana testing.
How much is the Lucky Dragon worth?
Less than a year-and-a-half after it opened, the Lucky Dragon was in bankruptcy.
Gyms and discount stores take over empty retail spaces
Grocery stores used to draw people to shopping centers. But many large retail spaces have been vacant since 2008. Discount stores like goodwill and gyms like EOS Fitness are filling those empty spaces, and helping to draw shoppers back in. K.M. Cannon/Las Vegas Review-Journal
Funding source of Las Vegas stadium for the Raiders is sound, expert says
The stadium is funded in part by $750 million of room taxes, the biggest such tax subsidy ever for a professional sports stadium. Robert Lang, executive director of Brookings Mountain West and The Lincy Institute at UNLV, says that is a good use of public funds. (Richard Velotta/Las Vegas Review-Journal)
Las Vegas needs light rail, expert says
Robert Lang, executive director of Brookings Mountain West and the Lincy Institute said he is afraid of a "congestion mobility crisis." Las Vegas needs a light rail system, he said, to accommodate the city's growing number of attractions. (Richard Velotta/Las Vegas Review-Journal)
Three takeaways from Wynn Resorts' Earnings Call
Matt Maddox came out swinging in his first earnings conference call as Wynn Resorts chief executive officer, boasting of record Las Vegas quarterly revenues and applicants lining up for work.
Star Wars VR Comes to Las Vegas
Sneak peak at the new "Star Wars: Secrets of the Empire" VR experience at the Grand Canal Shoppes.
Elaine Wynn continues her fight to change Wynn Resorts board
Elaine Wynn, the largest shareholder of Wynn Resorts Ltd., is seeking to kick a friend of her ex-husband Steve Wynn off the company’s board of directors. (Todd Prince/Las Vegas Review-Journal)
Zillow is getting into house flipping in Las Vegas
Las Vegas Review-Journal real estate reporter Eli Segall says flipping houses has waned in popularity after the housing bubble burst.
Ellis Island Buys Mt. Charleston Lodge
Ellis Island, which operates a casino, brewery and hotel just off the Strip, purchased the Mt. Charleston Lodge in early April.
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like