I was in town on Tuesday to shoot a new report for our TV show (details coming) and I got to talk to some "insiders" about the Fontainebleau. Right now, they told me, there is no clear indication of what will happen. Carl Icahn, the developer, is hoping that he can hang on to the property long enough that he can sell it to someone who will finish it. He has no intention to finish it, I was told, which is why he already unloaded the furnishings to other hotels and liquidators.
At the same time, pressure is mounting to either finish the shell because it is an eyesore and other property owners are complaining to city and county officials. There is a move to either get the property finished or "implode it" as one insider told me.
And it really is an eyesore. I can't believe that city and county officials have allowed it to stay as it is for so long.
Have you heard anything?