Saturday, December 12, 2009

My new favorite Vegas lounge...

Just one week young, City Center Las Vegas is open for business! Well, mostly. Crystals shopping complex is about 50 occupied with more stores "opening soon" and Aria Hotel/Casino opens next week BUT Vdara and the Mandarin Oriental Hotel are up and running.

I took a walk around the development last night and came across the Mandarin Bar on the 23rd floor of the self named luxury hotel.

This hip and modern lounge is surrounded on three sides by glass and offers "fan"tastic (pun intended) views of the strip.

"A double height wall of liquor bottles is spectacularly backlit by the glittering Las Vegas Skyline. The interior offers a contrasting dark intimate mood with billowing fabric pane,s shimmering in the light. Discreet seating arrangements give guests privacy and comfort. Our bartenders are master mixologists and will create cocktails according to the flavor and sensation you are looking for."

The appetizer menu of "Small Spoons" is small and light so don't plan on dinner. The signature cocktail list is nicely crafted, yet not overly deep nor is their wine list. Prices are what you would expect for a hotel bar in a luxury hotel - figure an average of $20 per drink.

Being new, I need to cut them a bit of slack in regards to the level of service and drinks delivered. In regards to the ambiance, definitely worth the visit.

For other view worthy stops in the Sin City - visit Moon, Ghostbar, Mix or e-mail for more suggestions.

Cheers!

Saturday, August 8, 2009

Stress equals extra weight? Now I have an excuse!

Always looking for items and news to share, I thought this might be a bit lighter in content.

From www.time.com

Fat-Bellied Monkeys Suggest Why Stress Sucks

By Alice Park Saturday, Aug. 08, 2009

It's no secret that stress isn't good for you. But what's less clear is how social stressors like a high-pressure job or a failing marriage affect your physical well-being.

Researchers at Wake Forest University who study stress in monkeys think they may have discovered a clue: fat. More specifically, the particular form of fat called visceral fat that tends to build up in the abdomen (those dreaded beer bellies and love handles). Researchers believe this abdominal fat lodges deep within visceral organs, such as the heart, liver and blood vessels, and may be an indicator of increased heart attack risk. In a study of 42 female monkeys, the scientists found that those with the most social stress — in the monkeys' case, that meant being at the bottom of the social hierarchy — packed away the most fat around the middle.
"For years now there has been a recognition that the pattern in which people lay down fat is associated more with health than the absolute amount of fat," says study co-author Carol Shively, a pathologist at Wake Forest. "Fat cells that live in the visceral depot behave differently than cells that live in other areas of the body."

Recent evidence suggests that visceral fat cells are active, unlike the fat cells found elsewhere in the body just under the skin, known as subcutaneous fat. Those fat cells are essentially just storage sinks for calories. But visceral fat cells actively secrete hormones and other agents that affect the metabolism of sugar and the way the body burns calories. In people, visceral fat has been linked to metabolic changes, such as higher blood pressure and blood sugar levels, that increase risk for diabetes and heart disease.

Shively and her colleagues also knew that people who produce excessive amounts of the stress hormone cortisol tend to have bulky waistlines; they have apple-shaped bodies, rather than pear-shaped. So the researchers wanted to examine all these factors — stress, abdominal fat and health risk — in one study. The problem, of course, is that measuring the relationship between stress and visceral fat in people in a controlled fashion isn't easy. So, the team turned to monkeys. For nearly two and a half years, she and her team fed the animals a typical Western diet, with 40% of calories coming from fat, measured their cortisol levels and used CT scans to calculate the amount of visceral fat each monkey carried.

The monkeys were housed in groups of four, automatically prompting them to establish a linear hierarchy of dominance. The dominant monkey in each group experienced the least stress, according to researchers. "They were groomed more than the subordinates, and they would get relaxed. Their eyes would roll up, sort of like they were getting a massage," says Shively. Monkeys further down the power chain, however, appeared more stressed-out. They were more vigilant, constantly scanning their environment for potentially aggressive threats from the leader. They also spent more time alone, out of contact with the other monkeys.

CT scans showed that group leaders and the second most dominant monkeys showed lower amounts of visceral fat than their subordinates, who carried the bulk of their body fat in their guts. In human populations, something similar happens: Studies have linked lower social status to a higher incidence of metabolic syndrome — the condition whose symptoms include being overweight and having high blood pressure and high glucose levels — which promotes heart disease.

Together with Shively's findings, says Dr. David Katz, director and co-founder of the Yale Prevention Research Center, the human data suggests a possible cause-and-effect link: Stress may promote accumulation of visceral fat, which in turn causes metabolic changes in the body that contribute to heart disease and other health problems.

"This study shows that psychological stress, which we know can affect stress hormone levels, can have a fairly rapid influence on where extra calories go," he says. "I'm generally quite cautious about animal research but here I think we're seeing something that has direct relevance to human health as well."

Thursday, July 30, 2009

It's always nice to hear a bit of POSITIVE real estate news about Las Vegas - A but funny it comes from Dallas...

I leave for Las Vegas tomorrow morning to meet a couple of residential and commercial clients over the weekend. I teasingly bringing it up in conversation when out as it inevitably leads to the questions of " how is the market?" or "is anything selling there?" The answer, which is often followed by me presenting much more statistical data and reinforcing support, is yes.

I am fortunate that the broker I work for in Nevada, Coldwell Banker Premier, also happens to be the broker for the most amazing development ever built in North America that, yes (as you will read below), is opening... I will post new construction photos shortly so you can see the continuing progress...

CityCenter openings on Vegas Strip expected in December

12:21 PM CDT on Thursday, July 30, 2009
By ANTHONY CURTIS / Special Contributor to The Dallas Morning News

Amid problems with high-end properties throughout Las Vegas, the poshest of them, the south Strip-located CityCenter complex, continues to roll toward a late-2009 debut. Crystals, CityCenter's half-million-square-foot mall, is set to open Dec. 3. Shops on the roster include Cartier, Prada, Christian Dior, Bulgari, Hermès, Versace, Louis Vuitton and Tiffany, along with Las Vegas first-timers Tom Ford, Assouline, Kiton, Miu Miu, Paul Smith and Porsche Design.

Opening a day later on Dec. 4 is the 47-story Mandarin Oriental.

Positioned at the entrance to CityCenter, this non-casino hotel's Sky Lobby and check-in area are on the 23rd floor, with a panoramic view of the Strip. The Mandarin has 392 rooms and suites and 227 residences; the Sky Lobby separates the hotel rooms (below) and the residences (above). The Mandarin Las Vegas will begin accepting room reservations Aug. 17.

Other parts of CityCenter, including an Elvis-themed Cirque du Soleil show, will open in 2010.

Monday, May 25, 2009

Chicago Gains an Amazing New Work of Art

There is no doubt that Chicago is a city of extensive and amazing architecture. Skyscapers to bridges, historic to modern. There is great harmony in how everything of stone, brick, steel and glass lives together.

I spent Sunday touring the newest addition, the Art Institute'sModern Wing designed by Renzo Piano (genius behind the Pompidou Center in Paris and others) With over ten years from conception through construction, this light filled master piece it equalled only to the works it houses.

The new wing is 274,000 square feet and has added over 30% more space to the Institute. Open just over a week, I was surprised how quickly the masses were moved to get in.

The lines were sleak and clean, the spaces airy and light filled. The natural and artificial light create an almost perfect setting to illiumiate the works of art within without being blinding.


What was a bit distacting, but in a good way, was how the amazing views of the surrounding parks and architecture could be seen through the window shades.

All this while beign immediately surrounded by rooms filled with a great representation of Modern ( 1900-1945) and Contemporary (1945 to present) art.

In addition to taking a architectural boat tour from the river, or visiting the Hancock and Sears towers, the Art Instutute is a must see stop while visiting the Windy City...

Sunday, May 17, 2009

The Las Vegas Real Estate Market - Bottoms Up?

Some people enjoy talking about politics, others religion. My passion is Real Estate. I love it, I live it. Here, there and everywhere...

Last week I was working in Las Vegas. With all of the doom and gloom one hears from the media it is no surprise that I get asked a hundred question about what is going on in various markets, especially Las Vegas.


Is the market down from its peak a few years ago? Absolutely.

Is anything even selling? Absolutely!

Existing home sales for the first quarter of 2009 were up 77% over last year. The more interesting part about this is that two-thirds of them were bank owned properties.

Buyers once again realize that there are great bargains out there and are snapping them up. Partially due to the irregular amount of foreclosures, the median home price is down about 40% from its height a few years ago making home ownership and investor opportunities extremely attractive.

But don't think its because the $200,000 listed for $125,000 is going to sell for $30,000. Banks have become much better at pricing their inventory more realistically and many homes are selling OVER list price due to multiple offer situations. I have a friend that his been trying to purchase a home for his daughter for over three months, has written over 8 offers, has the ability to pay cash, and STILL has not been able to secure a deal. The homes are out there, but like fishing it takes patience a but of knowledge to cathc the right one.

Bargains exist in every market. One just needs to know where AND how to look for them. With interest rates at all time lows and first time home buyer incentives, now IS a great time to buy...

Saturday, April 25, 2009

South Florida Real Estate

I have just returned form a great week in Florida. Though starting off on the wrong foot (with someone walking off the plane with my carry-on), the week was productive and extremely successful.

The reason for my trip was to interview and pre-screen a couple Realtors to refer clients to. The first stop of the week was Naples. It has been a running joke for sometime that there are more people from Minnesota there than most any other part of the country. Well, that statement might not be to far off and with D'Amico restaurants Campiello and Lurcat there, you know where to find them!

My first insight into the Naples real estate market was given to me by Whitey Phillips, a local expert and Realtor with John R. Wood Realtors. Whitey started our tour at an amazing penthouse in the Aria building. What a beautiful home with over 4,000 interior square feet AND a private 5,000 square foot terrace.

We spent the next few hours driving through Bonita Bay, one of the many developments in the area. It is amazing to me how these planned communities, many over 3,000 acres, can feature so many styles of homes - Highrises, townhomes, detached townhomes, single family residences... With home prices from $190,000 to over 7m, there is truly something for everyone here.