How much did New York-New York Hotel and Casino cost to build?
New York-New York Hotel and Casino is the Las Vegas Strip resort modelled on the New York skyline, with a 51,765 sq ft casino and 2,024 hotel rooms, begun in March 1995 as a joint venture of MGM Grand and Primadonna Resorts on a site Kirk Kerkorian's Tracinda bought in 1992 for USD 31.5 million, and opened at 12:30 am on 3 January 1997. Wikipedia states twice, in its lead and its history, that it was built at a cost of USD 460 million; MGM bought out Primadonna in 1999 for USD 276 million of stock plus USD 336 million of assumed debt.
Reported project cost
$460 million
Cost basis: 1997
Alexander MiglCC BY-SA 4.0
Cost evidence
Basis of the published figure
Reported project cost1997
Project record