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cosmopolitan

RetroSpecs Opens At The Cosmopolitan

Filed under: Luxury Shopping


The lavish new Cosmopolitan Hotel and Casino in Las Vegas opened recently and with it a bunch of new shops including Retrospecs, a shop which provides exclusive one-of-a-kind eyewear both new and vintage. The retailer, which has its flagship store in West Hollywood, California, is known as a curator and retailer of 20th century early and late modern eyewear. Glasses come with a certificate of authenticity and a lifetime guarantee for parts and services. In addition to its registered Early and Late Modern gold-filled and cellulose acetate glasses, RetroSpecs offers a signature line of buffalo horn frames.

Cosmopolitan of Las Vegas Hosts Star-Studded Grand Opening

Filed under: Luxury Travel & Hotels


The place to be to ring in 2011? For many of Hollywood's elite, it was The Cosmopolitan of Las Vegas, the city's newest and most glamorous resort, which kicked off a grand opening celebration with concert performances from JAY-Z and Coldplay, plus guest surprises by Kanye West, Beyonce and John Mayer.

Coldplay kicked off the evening with a 12 song set, which included Yellow, In My Place and Clocks. To ring in the New Year, JAY-Z joined Coldplay on stage for a rendition of Lost, followed by a countdown to midnight. JAY-Z took the stage for the first hours of 2011 and was joined by Kanye West for an impromptu freestyle performance of Run This Town, Can't Tell Me Nothing and Runaway. As Kanye left the stage, John Mayer joined pal JAY-Z with his guitar for several songs, including Public Service Announcement and 99 Problems. The ultimate collaboration of the evening came when Beyonce joined her husband on stage for Young Forever. She continued to wow the crowd, bringing Coldplay frontman Chris Martin back out for an acoustic duet of her hit, Halo.

Cosmopolitan Opens in Las Vegas

Filed under: Luxury Travel & Hotels


After five years, billions of dollars, foreclosure and a few lawsuits, the Cosmopolitan of Las Vegas is finally ready to test its luck in Las Vegas. The nearly 3,000 room resort has a long road ahead of it. The resort is likely the last megaproperty to open on the Las Vegas Strip for a while.

Piaget Limelight 'True' Cocktail Rings

Filed under: Jewelry, Timepieces / Watches

I am not a woman, nor do I wear rings, but I will be the first to admit these are very cool. They are so cool, I think most people will almost forget these are high-end luxury goods. From the Limelight collection by Piaget, these are a new line of cocktail rings that actually look like real cocktail drinks. And I've always wondered why they were called cocktail rings... These rings are very fun and well designed. Piaget did an excellent job replicating the look of popular cocktail drinks in jewelry.

There are six rings in this particular Limelight collection, each has a name of a drink. Seen here is the Piaget Limelight Cocktail Mojito ring. It is in 18k white gold with 182 diamonds (1.52 carats). The "drink" itself is a 24 carat cushion-cut green tourmaline, with a 3 carat citrine stone cut to look like a lime - covered with a white gold and tsavorite "peel.' The "mint leaves" are emeralds. Stunning and so creative!

Other rings in the collection are equally nice and use stones and gold applicable to the look of the drink. In addition the Limelight Cocktail Mojito, there is also the Whiskey on the Rocks, Cosmopolitan, White Tonic, Blue Ocean, and Blueberry Daiquiri. Truly charming - and will not be cheap.

Ariel Adams publishes the luxury watch reviews site aBlogtoRead.com.

The Cosmopolitan Partners With Marriott

Filed under: Luxury Travel & Hotels


Finally a little bit of good news for the Cosmopolitan project in Las Vegas. The Las Vegas Review-Journal reports that the huge resort project set to open in December will be part of Marriott International's Autograph Collection.

The project has faced lawsuits from dissatisfied owners and many have questioned whether or not Las Vegas needs another huge project, The $3.9 billion project will include nearly 3,000 rooms, 13 restaurants, a casino, spa, nightclub and retail space. The deal with Marriott will give the Cosmopolitan access to Marriott's customer base and the resort will also be part of the Marriott Rewards program. It will be listed as a partner hotel on the Ritz-Carlton website. The partnership will also give the Cosmopolitan access to group and convention markets, something it will need in order to succeed in the crowded Las Vegas marketplace.

Cosmopolitan Las Vegas Project Faces New Lawsuit

Filed under: Luxury Travel & Hotels, Real Estate Developments

More bad news for the beleaguered Cosmopolitan project in Las Vegas. Earlier this year we learned that some buyers in the project would be given refunds. Now a new lawsuit filed last week takes issue with the decision of the developers to turn the Cosmopolitan into a hotel-only development rather than the condo-hotel project it originally was. The suit was filed on behalf of three individuals who placed deposits towards condominiums at the Cosmopolitan of Las Vegas and alleges that Deutsche Bank, Nevada Property 1 LLC, Nevada Voteco, LLC, 3700 Associates, LLC, and KO Realty Group knowingly committed fraud and conversion, concealing and suppressing facts in order to steal escrow deposits.

"Deutsch Bank and their partners in this venture have been caught red-handed, capitalizing on the recession to steal nearly $100 million in escrow deposits from individuals who bought into the Cosmopolitan of Las Vegas," said Dan Park, lead counsel for the Plaintiffs in a statement. "It's no secret that they have no intention of building the condominiums, as promised, and are playing with people's livelihoods instead of returning money that rightfully belongs to them."

The Cosmopolitan of Las Vegas is set to open in December. The project has not recorded a subdivision map with Clark County showing any condominium units. he $3.9 billion project will include nearly 3,000 rooms, a casino, spa, nightclub and retail space. The Casino City Times reports that the plaintiffs in the newest lawsuit paid 20 percent deposits on units and have not agreed to the times of other settlements. Deutsche Bank bought the project for $1 billion when it was half-finished after its original developer and owner entered foreclosure proceedings.

Jose Andres To Open Two Las Vegas Restaurants

Filed under: Dining

jose andresChef José Andrés, who was on 60 Minutes over the weekend (the interview with Anderson Cooper is after the jump), is headed to Las Vegas. Andrés, who already has even restaurants including one in Washington D.C. and one in Beverly Hills, will open two restaurants at the Cosmopolitan in Las Vegas. One will be a tapas restaurant similar to his Jaleo restaurant. This restaurant will include a wood-fired pit for making paella, the traditional saffron rice and seafood dish made in a large shallow pan.

The other will be a new concept, a take on a Chinese and Mexican menu. This fusion restaurant will have tortilla makers up front and planned dishes like shumai wrapped in mango. The Washington Post reports that Andres has visited China and plans to go back for research several times the restaurant opens. Tonight Andrés is a contender for the James Beard Foundation's "outstanding chef" award in New York City.

The Cosmpolitan will features several other restaurants including Blue Ribbon by restaurateurs Bruce and Eric Bromberg; Comme Ca by Los Angeles chef David Myers; New York City's Estiatorio Milos by restaurateur Costas Spiliadis; Scarpetta and a new casual wine bar by chef Scott Conant; and the steakhouse STK from The One Group. The Cosmopolitan project is planned to open in December. Many are skeptical about the hotel's viability in a town already packed with luxe options. Fine dining will be a lure but Las Vegas is now host to many fine restaurants including those at the Wynn hotels and at CityCenter. As a recent BNET article pointed out, with tourism down the competition is fierce for less visitors and opening a billion-dollar hotel right now is a risky venture. The popular chef has his work cut out for him.

[via Las Vegas Review-Journal]

Cosmopolitan Buyers Get Big Refund, Will Other Vegas Condo Projects Follow Suit?

Filed under: Real Estate Developments

cosmopolitan las vegas
When it comes to Las Vegas real estate a lot of investors want their money back. Some of them, it seems, are getting it. The Las Vegas Sun reports that some buyers who invested in The Cosmopolitan project will be given deep refunds that amount to around 62 percent of their deposit money back, more than $120,000 per unit on average after attorney fees are paid. It's a hefty chunk of change but what really worries Vegas real estate watchers is that the deal could set a precedent that could be used by investors in other projects seeking their own redress. Many say they were led astray in the boom times of Las Vegas real estate a few years back only to find that their promised units aren't worth nearly what they paid.

Buyers continue to do battle with MGM Mirage over the Vdara and Veer projects in the CityCenter complex. The Sun article tells the story of one man who bought a $1 million condo unit at Vdara in 2006 and put down a nearly $200,000 deposit. MGM Mirage has offered some CityCenter buyers a deal to let them out of their contracts and return 25 percent of their deposit money. The angered buyer says that isn't good enough, the plans for the complex have changed since he bought in and he'd like all of his money back but would settle for a deal like the one that the Cosmopolitan buyers got. The Cosmopolitan is projected to be finished this December. Meanwhile Las Vegas real estate continues to flounder and the condo market is particularly vulnerable.

Cosmopolitan Casino Faces Foreclosure


Three years ago, when we first wrote about the Cosmopolitan casino project in Las Vegas, 2008 seemed far away. But now, in the year the project was initially set to launch it is instead facing foreclosure. Investment bank Deutsche Bank has taken the initial steps toward foreclosure on the $3 billion project. The developer and owner Ian Bruce Eichner is still looking to find new investors but the construction loan from Deutsche Bank of $760 million has gone into default. The massive hotel and casino is still under construction with a planned launch for 2009. The project is located between the Bellagio casino resort and the CityCenter casino complex on the Las Vegas Strip. Many of the nearly 3,000 hotel rooms were to be condo-hotels and the company says that 84% of the 2,184 units available have sold. Around the Strip though, projects have been falling through all over the place. Fortune Magazine cites the data from research firm Applied Analysis which states that in the past four years around 20,000 condo units in the Las Vegas area have either been scrapped or are on hold.

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