Comprehensive Cancer Centers can always lease space at any of the other hundreds of available commercial buildings in Vegas; probably for a lot less with a lot less restrictions.

Yeah, its disgusting that investors can out bid a owner actually interested in occupying the house. The banks don't care it's so impersonal. The best you can hope to get is a real estate agent that understands your needs or buy new.

Even CEOs have to do more with less. Sounds like Murren isn't hiring anyone to fill that Aria position anytime soon. Tough times indeed over at MGM Resorts.

@TheOldJudge- The nightclub guru only spoke about what he knows- nightclubs and entertainment. I'm sure the gaming directors will speak about that topic when they become available.

Are they starting construction the first quarter of 2013 or 2014? 2014 seems a long way off.

Without risk there is no reward.

This concept is completely senseless. "There will be no merchandise for sell inside the store", but "Shoppers will be able to buy items using an iPad and get personal help from staff"? What the heck is in the store then?

In this age of instant gratification why would anyone look at shoes on a stores iPad? They could just as easily go to any mega mall on the Strip and have the shoe in hand for the same amount of effort.

Zappos and Cosmopolitan- one thinks it can change an entire city in a year, one thought it was new and completely different, both will be bankrupt if they don't figure out their mission.

These monopolies are top heavy and debt ridden. The time is coming when they'll have to pay up or start spinning off their properties to the highest bidder. MGM has already started with The Hotel. Caesars seems to be doubling it's efforts by building the Nobu Hotel and that Linq project.

I sense Penn Gaming can't wait to take over one of these Strip properties.

There is nothing wrong with a strategic default. No one can predict what is going to happen in 10-30yrs. Nowadays employment is unsteady and income isn't rising.

Buying a home should be considered a business decision above all else, if the numbers aren't working out, move on quickly to the next best thing. You have to look out for yourself in this world. God knows no one else will.

$13 Billion dollars in debt!

Seems like the MGM empire is slowly releasing its properties. I have no doubt they will jettison The Hotel from their empire once all is said and done. The Hotel is great, but it wasn't distinct enough to make people pay more.

After so much consolidation it's nice to see the market correct itself and let in new hotel operators.