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NYT: Las Vegas builds 'the saddest shopping center on the planet'

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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 04:19 PM
Original message
NYT: Las Vegas builds 'the saddest shopping center on the planet'
Edited on Sun Jun-12-11 04:19 PM by Newsjock
http://www.nytimes.com/2011/06/12/magazine/sticker-shock-at-vegass-glitziest-mall.html?_r=1

Saturday night, Las Vegas. In this mecca of extreme retail, shops remain open as late as midnight, like fancy bodegas, because even a craving for Balenciaga ballet flats should have the option of satisfying itself on demand. While overall consumer spending still hasn’t recovered from the recession, there are signs that luxury spending may be on the rise. High-end retailers (Tiffany & Company, Hermès, Saks Inc.) have reported first-quarter gains. In America, analysts note, the wealthiest 2 percent of the population has been doing most of the buying. Where does this leave Las Vegas, purveyor of luxury for the masses?

... Crystals is the dark heart of CityCenter, the $8.5 billion, 67-acre resort and entertainment complex that has become a legendary symbol of prerecession hubris. Conceived of in 2004 by MGM Mirage, CityCenter was to be the largest privately financed construction project in American history, a conglomeration of hotels, restaurants, retail shops and condominiums. But it had the poor timing to open in December 2009, in the thick of the recession, in a city that has seen some of the highest unemployment and foreclosure rates in the nation. Many of its condos languish unfilled. Who needs one in a sea of cheap hotel rooms?

... Perhaps there’s something poignant about shopping anywhere right now, at this moment when the American consumer is so beleaguered. But Las Vegas — in its tendency to dilate every phenomenon to its supersize extreme — has produced the saddest shopping center on the planet. Crystals is the world’s most splendid ghost mall.

... Yet the lack of visible shoppers doesn’t necessarily mean that no one is buying. A recent article in Vegas Inc, a Las Vegas business magazine, argued that the purchasing of luxury goods no longer occurs out in the open: customers are apparently “shopping in stores’ private rooms while sipping chilled Champagne from elegant glass flutes, or having stacks of couture delivered to their hotel rooms high above the Strip, or sending their personal shoppers to the stores hours before the elegant retailers open.” As the retail consultant Pamela Joy Ring told Vegas Inc, “It’s more about what you’re not seeing in these malls than what you are.”
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 04:24 PM
Response to Original message
1. New Yorkers HATE talking about any city that isn't New York.
Edited on Sun Jun-12-11 04:24 PM by Warren DeMontague
They're probably mad because in Vegas, people wear shorts to dinner.
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markpkessinger Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:20 PM
Response to Reply #1
18. What nonsense!
This is nothing more than the repetition of an ignorant stereotype!
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 08:23 PM
Response to Reply #18
26. Just reporting what I've seen.
Anyway, to quote Willy Wonka, 'a little nonsense now and then is relished by the wisest men'.
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Stevenmarc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:56 PM
Response to Reply #1
25. Even Vegas knows a great city, they had to build a replica
Edited on Sun Jun-12-11 06:57 PM by Stevenmarc
In casino format
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Manifestor_of_Light Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 04:35 PM
Response to Original message
2. I worked in an empty department store years ago.
This was in 1999. I asked the managers if I could get fired if I didn't meet the sales quota and I never got an answer.
The problem was a lack of traffic. People did not buy anything until the coupon sales were in the paper. If they had told me I could have been fired, I would have asked them if they were taking into account the lack of traffic when sale prices were not in effect.

I remembered one woman came in and bought an $800 watch that was a Gucci or something. Went through all this rigamarole to buy it, and then she brought it back a couple of days later.

Working in retail will drive ya nuts. :banghead:


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GKirk Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 04:42 PM
Response to Reply #2
3. She proboably wore it
to a party to impress people. Which reminds me, I have a high school reunion to go this summer, does anyone know what the return policy on Rolex watches is?
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RebelOne Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:48 PM
Response to Reply #3
24. I had a friend who would do that.
She would buy an outrageous expensive outfit to go to an event and then return it the next day.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 04:51 PM
Response to Original message
4. Las Vegas is a symbol of EVRYTHING that is wrong with this country.
A city in the middle of a fucking DESERT based on vice and base materialism. In the middle of the DESERT, but yet it has numerous gigantic fountains in front of its hovels of vice, er, I mean casinos.

Disgusting.
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loudsue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:14 PM
Response to Reply #4
5. I always have fun in Vegas, but you're absolutely correct, IMHO.
It is a symbol of MOST everything that is wrong with the good ole USA.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:19 PM
Response to Reply #5
6. Including the criminals who began it.
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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:26 PM
Response to Reply #4
7. Get over yourself.
First of all, the definition of 'vice' has been weakened substantially to fit in the maniacal defense of Weiner. Second of all, Las Vegas, like Phoenix, has a lot of groundwater.

Thirdly, every single hotel/casino there is run using union labor, and if you've never seen City Center, you would be awed at the amount of labor that went into building the place. That construction project employed THOUSANDS for YEARS.

That money would have otherwise sat on a balance sheet somewhere. Instead, it got put to work.

So find something else to feel superior about.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sun Jun-12-11 05:29 PM
Response to Reply #7
9. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:32 PM
Response to Reply #9
10. Holy composite threadjack. nt
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:35 PM
Response to Reply #10
11. "the definition of 'vice' has been weakened substantially to fit in the maniacal defense of Weiner"
Edited on Sun Jun-12-11 05:35 PM by Warren DeMontague
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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:39 PM
Response to Reply #11
12. I'm just sayin' - we have been assured by many that EVERYONE send pics of their junk these days.
Edited on Sun Jun-12-11 05:39 PM by Dreamer Tatum
I guess I missed out on that cultural norm: I shake hands. (Although I will never shake hands with Weiner unless he washes his first, what with all that dick-handling he does).
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:46 PM
Response to Reply #12
16. I thought the thread was about Las Vegas.
But, whatever.

I was in Vegas once, and some guy cut me off in traffic. Jesus, that guy was a dick.


There, I got "Jesus" and "dick" in this post, too.
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 09:40 PM
Response to Reply #12
29. Obviously, that doesn't apply if you are underendowed. Why bother, in that case?
:shrug: :rofl:
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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:43 PM
Response to Reply #7
13. City Center, Cosmo, Echelon, Fontainebleau = $25 bn. Invested
For zero dollars of profit annually. One of the more grotesque misallocations of capital out there.

I am not an anti-Vegas scold, but these projects were terrible ideas. Stardust could still be throwing off cash for Boyd (and thousands would be working there every day for years to come), but the need to do something, ANYTHING, with all that easy pre-crash capital, was too great. In that way, Vegas, and City Center, are poster children for our suddenly over-the-hill economy.
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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:45 PM
Response to Reply #13
14. They were great ideas when they were drawn up.
And the projects employed people.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:21 PM
Response to Reply #7
19. We should be building high speed rail and renewable energy sources, not more damn casinos.
Gambling = taking advantage of people's ignorance of statistics.
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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:34 PM
Response to Reply #19
20. That's a bigger loser than City Center. nt
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sun Jun-12-11 06:39 PM
Response to Reply #20
22. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:26 PM
Response to Reply #4
8. It's good for precisely 48-72 hours. That's it. Can't stay any longer.
Still, I saw the Grateful Dead play there once many years ago, and it was probably one of the most fun times of my life.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:51 PM
Response to Reply #4
17. I enjoyed living there
Glad I got out at the right time though. It's going to be real painful there until it adjusts to what the valley can reasonably hold, say 250,000 people. That's right, 90% of them are going to have to go.
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Throd Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 05:46 PM
Response to Original message
15. I helped design the wayfinding signage for that project.
It was not inexpensive signage, to say the least.
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senseandsensibility Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:45 PM
Response to Reply #15
23. What is wayfinding signage?
Sounds interesting.
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Throd Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 08:40 PM
Response to Reply #23
27. Directional signage, regulatory signage, directories etc.
A good wayfinding design program delivers information in a concise manner using a format that is harmonious with the overall design theme of a given project. One of my duties is to design wayfinding and environmental design themes that communicate well, look great, and aren't needlessly expensive.

The Crystals project was definitely one of the more elaborate (and costly) projects I have worked on.
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senseandsensibility Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 10:38 PM
Response to Reply #27
30. I guess I should have known that.
It's interesting to think that real people design those kinds of signs. Somehow they just seem to be there, but I'm sure that a great amount of work goes into them. :hi:
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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 06:38 PM
Response to Original message
21. Reminds me of Hunter S. Thompson's great futile search for "the American Dream"...
in Vegas.

VIDEO of Depp doing HST: http://www.youtube.com/watch?v=pQsYwZH2JeY
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-12-11 09:32 PM
Response to Original message
28. kick
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