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A major milestone

Gov. Susana Martinez and many others were in Las Vegas last week to celebrate the purchase of the Castañeda Hotel.

The closing of the real estate deal marks a major milestone for Las Vegas. The building, after all, is one of the city’s architectural gems, and it has been deteriorating for decades.

Arizona hotelier Alan Affeldt and his business partners plan to renovate the historic structure and return it to its former glory. They also hope to purchase the Plaza Hotel.