Jockey Club...why is it still there?

My in-laws have a time share at Jockey Club. We stayed there once...it was not good. It is now buried by the Center City %26amp; you can hardly see the street to get into it. Why is it still standing..anyone know? My in-laws seem to think that they will make some $$ when asked to sell...sure seems unlikely when you see it.

Jockey Club...why is it still there?

To be picky, it%26#39;s buried by the Cosmopolitan resort, not City Center.

It%26#39;s a timeshare, owned by thousands of people. Kinda hard to get the owners to sell.

Jockey Club...why is it still there?

Thanks, did not know about the Cosmopolitan Resort. Do you know when it is scheduled to be complete? Or when the City Center will be finished? Thanks for the info!!

Info on Cosmopolitan resort

vegastodayandtomorrow.com/cosmopolitan.htm

Well, your in-laws will be disappointed to learn that in order for the Jockey Club to be destroyed, you would have to buy out all of the people who own a timeshare there. One would think this would be pretty easy due to the fact that the Cosmo and City Center seem to have a bottomless pit of money, but there is also a board of directors, sort of like a homeowners association. Not only do the board of directors have to approve such an undertaking, but I think, every single owner has to say ';ok we will take a buyout.'; I%26#39;m sure Cosmo%26#39;s legal team looked at many options to try and get this place demolished, but I guess it didn%26#39;t work. So, it%26#39;ll be somewhat of an eyesore, if it will be seen at all after the construction is finished.

huck, I agree. I believe the Jockey Club is there to stay if you can find it!! Thanks for the info.

Given the timeshare structure, the only cost-efficient way to remove it would be by eminent domain. The government condemning the property would avoid the need to get the consent of the hundreds or thousands of owners.

My first trip to Vegas in 1981, I stayed at the JC with 3 other guys. I was 18. We were there for the Mint 400 off-road race. I remember the place being like it was built for jockeys; the shower head was 3-4 feet high. Everything seemed small and low to the floor.

At least it was free.

Unfortunately, since the fiasco created by our previous mayor (Jan Jones) regarding the use of eminent domain for the ';revitalization'; of the ';downtown'; area, and, of course, the (in)famous case of eminent domain in Connecticut, our local politicians are very cautious in their attempts to use this particular ';power'; these days.... In this case, it would have to be the Clark County Board of Commissioners, and this would be a gigantic can of worms should they try to impose their use of this power at this point.

Jeff42: Wow... the Mint 400 --- it%26#39;s been years since I%26#39;ve heard anyone mention it.... that%26#39;s a nice little trip down memory lane for me.

Me too. Fremont Street was one big party for tech inspection and vendors.

That year, Nellis had an air show the same weekend. All the fighter jocks were showing off for us during the race.

I must say, it was an amazing weekend!

p.s. plus the 2 $50 jackpots on quarters I hit at Slots O Fun the first hour I was in town.

Wasn%26#39;t JC offered money before Cosmo started building? They needed either 100% or a good majority of the owners to sell and they didn%26#39;t get the required number. So, Cosmo went ahead with their plans and built within a couple feet of JC%26#39;s windows.