A third worker at the Resorts World Las Vegas project has tested positive for COVID-19, the developer confirmed Monday, saying construction is expected to continue amid policies that seek to “minimize the risk of transmission.”
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The economy is in crisis again because of the coronavirus pandemic — but foreclosures are on pause, stopping what could have been an avalanche of repos.
An emergency order by Gov. Steve Sisolak does not give tenants and homeowners a green light to live for free.
The group will monitor safety protocols at job sites, collect data on workforce and safety personnel, and assemble teams that could be dispersed to build field hospitals and convert hotels or housing into hospital overflow units, according to a news release.
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.
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.
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.
Just days after saying construction on the Florida resort would not be affected, Las Vegas-based Allegiant Travel Co. on Wednesday unveiled a slate of measures in response to the new coronavirus.
With the new coronavirus upending daily life in Southern Nevada, at least one major real estate project has shelved construction work over the public health crisis.
Travel spending, including on transportation, hotels and attractions, is projected to fall by $355 billion this year, the group said.
Employees will continue to receive benefits and pay during the closure, which is set to last through at least March 31.
Las Vegas’ economy was humming along — and then the coronavirus hit.
The firm concluded it would be irresponsible “to put 500 people in an enclosed area and act like the world is OK right now,” Matter partner Jim Stuart told the Las Vegas Review-Journal.
A big retail real estate convention in Las Vegas is postponed over the new coronavirus.
Today, a spreading novel coronavirus boasts a similar name – and no other connection – to the popular Corona beer. But there’s no indication that sales are tumbling.
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