clock menu more-arrow no yes

Filed under:

Bidder Backs Out

Poor Revel, this sucker just can't catch a break. Yeah, it was built for billions of dollars and shuttered two years into its existence, but now auction-winner Brookfield US Holdings doesn't even want it at the cut-rate price of $110M. PhillyMag says it's largely due to the expensive "utility nerve center" for the building and reports auction-loser Glenn Straub is looking to get back in the fold. [PhillyMag]