Wednesday, July 14, 2010

Steve Wynn Buys Plaza Hotel Penthouse for $23 Million

Steve Wynn, the casino developer and chairman of Wynn Resorts, has purchased one of the largest penthouses at the Plaza Hotel, after a previous owner walked out on a contract to buy the apartment, brokers said.

The exact purchase price was not known, but brokers said the sale closed Wednesday for about $23 million, or about $1 million below the $24 million asking price.

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