Buyers Sue Pinnacle Las Vegas Condo Developers For Undone Project

Condominium buyers have filed a class action lawsuit against the developers of the Pinnacle Las Vegas condo tower, which still has not been built despite its announcement three years ago.

The proposed $740 million condo-hotel was to be developed at Tropicana Avenue and Cameron Street.

Green Cable LLC last month sued the project's development team for breach of contract.

It's seeking at least $5 million in returned deposits, damages and attorney's fees.

The lawsuit alleges that buyers bought units with the understanding that Pinnacle would open by August.

Pinnacle calls for two 36-story, faceted gold glass towers connected by three sky bridges containing 1,100 condo-hotel units.

Cynthia LaVasseur, an attorney representing the defendants, says
the suit is without merit and that the companies will file an action to dismiss it.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

AP-NY-02-10-08 2004EST


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