The Wall Street Journal reported that Steve Wynn (boss of Wynn Resorts)has bought the penthouse at the famed PLAZA HOTEL in Manhattan for about $ 23 million from developer EL-AD…..thats a little over $ 4,000/sf which is actually a good price for a park-facing apartment in a condominium with outdoor space and panoramic views. The 5,600sf duplex features a circular stairway. He purchased the apartment furnished with custom pieces built by Giorgetti, an Italian company, built to designer Nauer’s specifications. I guess what happens in Vegas does not necessarily stay in Vegas?

Rumors of slot machines coming to the lobby are grossly exaggerated.

Eloise, any thoughts?