El-Ad properties (the developers behind the storied Plaza in NYC) bought 36 acres on the Las Vegas Strip last year -- for $33 million an acre, by the way -- and have had plans to build a seven-tower, 6,700-unit hotel-casino version of the Plaza in New York.
Unfortunately, they hit a bit of a snag when Vegas' nearby lower-end Plaza Hotel and Casino tried to stop the Plaza -- the Plaza, hello -- from calling itself The Plaza when it hit Vegas.
But no such luck: after a three-week trial, a jury has greenlit El-Ad from putting the Plaza's name on a proposed $5 billion resort-casino project.
But don't get too excited. El-Ad has announced that they would delay construction at least until 2010 "because of financing difficulties." We hear the resort should open by 2012.
Also: doesn't building a big goofy Vegas-fied replica of The Plaza seem kind of like...a mockery of the elegance and beauty of the original?